by Katie Baker | Jan 15, 2021 | Business, Taxes
Recently there have been some developments regarding so-called “marriage penalty” that some couples experience when filing taxes. This penalty occurs when spouses that have similar gross incomes pay more in taxes when filing jointly than they would if they had...
by Katie Baker | Jan 14, 2021 | Business
Are you an entrepreneur operating a business? Are you aware that you will have a business license that most likely needs to be filed in the next month or two in order to operate in compliance? This also applies if you’re working from a home-based business....
by Katie Baker | Jan 12, 2021 | Business, COVID-19
Small business owners trying to keep their companies afloat amidst the Coronavirus pandemic and accompanying economic downturn are looking for funds wherever they can find them. According to a recent article by CPA Practice Advisor, this includes over a third of...
by Katie Baker | Jan 8, 2021 | Business, COVID-19, Software
The Coronavirus pandemic necessitated the rapid rise of telecommuting. Most businesses had to quickly adapt to a remote strategy in order to keep their operations running amidst quarantine and social distancing requirements. While this may have seemed like a temporary...
by Katie Baker | Jan 7, 2021 | Business, communication
https://youtu.be/MBmKKhfN4UU Do you often struggle with collecting the money due to you for services you’ve provided? Do you wish you could have a streamlined process that would make collection easier? I have a few tips for you that can hopefully help you in...
by Katie Baker | Jan 5, 2021 | Business, COVID-19, Software
The Coronavirus pandemic has radically altered the traditional workplace. From telecommuting to accommodate social distancing requirements to more flexible hours, companies have pivoted from their regular office practices in order to keep their employees safe and...
by Katie Baker | Dec 31, 2020 | Business, Taxes
https://youtu.be/jsWi7WFCUKQ If you are an individual, family, or a business owner and struggling to pay your income taxes, the IRS has some payment plans that may help you. The first one is an installment agreement. This would allow you to make a payment plan...
by Katie Baker | Dec 29, 2020 | Business, COVID-19, News
It’s that time of year again to talk about minimum wage increases scheduled to take effect January 1 (December 31, 2020 in the case of New York State). With the pandemic seriously impacting businesses and their struggle to stay open, I’d hoped that there would be stay...
by Katie Baker | Dec 23, 2020 | Business, News, Taxes
Have you noticed that the cost of insurance has gone up year after year? Are you aware that premiums have increased over 54% since 2009? The IRS has recently issued regulations that may help you with the cost of your insurance. It has now allowed two different...
by Candy | Dec 22, 2020 | COVID-19, News, Taxes
Are you an employer who received a PPP loan and were waiting to find out if the IRS guidelines of non-deductibility were going to remain, or if Congress was going to make an adjustment? Well, I have great news for you! As of Monday, December 21st, Congress passed a...