IRS Issues Guidance Regarding Employee Retention Credit Termination
The IRS has issued guidance regarding the retroactive termination of Employee Retention Credit (ERC) starting from Oct 1, 2021, except...
10 Strategies To Reduce Your Taxes - Tip #2 Maximize Deductions
We are nearing the end of the year with Thanksgiving at a close. Luckily, we have our second strategy out of the ten to reduce your...
This New Tax Rule Will Affect You If You Use Online Payment Apps!
Dear business owners, in this upcoming year, your merchant processor will start requesting you to provide your tax information like your...
Employee Retention Credit Is Now Gone!
We have some shocking news today! ERC has ended! The infrastructure legislation ends the employee retention credit (ERC) early, making...
How Are Taxes Going To Rise Without The Help Of Lawmakers?
While Democrats make a huge push to raise taxes on the wealthy, many of the current tax provisions are going to expire anyways by 2026....
2021's Final Tax Deadline
Today is October 12th, three days before October 15th – the last tax deadline of the year. What should you do at this point if you have...
Is America Becoming A Communist Country?
President Joe Biden recently proposed a mandate that the IRS should have access to all of our transaction information (withdrawals or...
President Joe Biden Unveiled Tax Increases!
Recently President Joe Biden and house democrats have unveiled tax plans to raise levies on taxpayers making more than $400,000 of annual...
Tax Relief Now Available For Hurricane Ida Victims!
We have some news for the victims of Hurricane Ida, the IRS just announced that tax relief is now available starting from Aug 26, 2021,...
September is National Preparedness Month!
Dear all, if you have been following the news, there have been threats of wildfires in parts of the country and hurricane season hitting...