RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Sat, 01 May 2021 09:00:00 -0500 Sat, 01 May 2021 09:00:00 -0500 Tax Withholding for Seasonal and Part-Time Employees Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 Tax Return Tips for Last-Minute Filers If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 Saving for Education: Understanding 529 Plans Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 Deducting Business-Related Car Expenses If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 Avoiding Tax Surprises When Retiring Overseas Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 PPP Loan Deadline Extended Through May 31 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 Highlights of the American Rescue Plan Act Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 Federal Tax Deadline Extended To May 17 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 Economic Impact Payments: Round Three Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 New Tax Deadline Is Official - July 15, 2020 Thu, 26 Mar 2020 09:00:00 -0500 Reverse Audits - Why They're Important and How They Can Save Your Company Money Tue, 27 Feb 2018 09:00:00 -0600 How to Outsmart Skimming in Retail For most business owners, itâ??s a major milestone when they can afford to hire their first employee. Unfortunately, that employee could easily cost you more than their hourly wage if they begin skimming. Tue, 20 Feb 2018 09:00:00 -0600 4 Common Bookkeeping Pains for Small Businesses If youâ??re like most small business owners, you love your job, but there are definitely parts you could do without. More often than not, at the top of that list is bookkeeping. Mon, 12 Feb 2018 09:00:00 -0600 Crowdfunding and Taxes - What You Need to Know Crowdfunding was responsible for billions of dollars from donors all over the world. Despite this, thereâ??s still a lot of confusion about crowdfunding and taxes. Tue, 06 Feb 2018 09:00:00 -0600 Buying a Business in 2018? Follow This Financial Checklist If youâ??ve ever dreamed of owning your own business, buying one often makes a lot more sense than starting from scratch. Doing so will give you the benefits of a preexisting business and eliminate a competitor in one transaction. Of course, you still shouldnâ??t rush into buying a business. Otherwise, you could quickly turn your dream of owning a business into a nightmare. Thu, 01 Feb 2018 09:00:00 -0600 New Business? Your First Tax Filing Is this your first year running your own business? If so, youâ??re probably feeling quite the sense of accomplishment. Of course, you still need to finish strong, which means nailing that initial tax filing. Tue, 23 Jan 2018 09:00:00 -0600 QuickBooks Online vs. Xero - Which Is Right for Your Business? Mon, 15 Jan 2018 09:00:00 -0600 What the Tax Law Means for Your Small Business The tax law signed in December, 20017 is poised to shake up taxes for businesses. How does it affect LLCs and small businesses? Tue, 09 Jan 2018 09:00:00 -0600 What the Proposed Tax Cuts Mean for Flow-Through Entities If you've been paying attention to the news, then you know that the way you handle tax planning for your business may soon change in a very big way. In fact, depending on what happens, it may actually be worth it to change the very structure of your flow-through entity. Wed, 13 Dec 2017 09:00:00 -0600 What Will the Pending Tax Cuts Mean for Your Business? As you are probably well aware, we may soon see sweeping new tax laws around the country. Wed, 13 Dec 2017 09:00:00 -0600 How Might the Tax Act Affect Households? Wed, 13 Dec 2017 09:00:00 -0600 The Giving Spirit - Our Humane Tomorrow Donaton Box This time of year is often referred to as the season of giving, and for a good reason. Most people use the holiday season as a time to give gifts of a lifetime to their loved ones and to help those in need. Sometimes, it's easy to forget about the most innocent and vulnerable among us - animals. Thu, 07 Dec 2017 09:00:00 -0600