by Candy | Mar 18, 2021 | Business, Featured, Shared, Taxes
We all know how important it is to protect our Social Security numbers from identity theft. But are you aware that you should be just as diligent in protecting your business tax ID number? Thieves are on the lookout for information that will help them pretend to be a...
by Candy | Feb 19, 2021 | Business, Featured, Taxes
According to Accounting Today, the IRS recently announced that they plan to increase audits on small business tax returns by 150%. The past few tax years have seen relatively low audit rates for pass-through entities, limited liability companies, sole proprietorships,...
by Candy | Feb 12, 2021 | Business, Featured, Taxes
The gig economy has come to include an even larger sector of the working population amidst the Coronavirus pandemic. With companies such as delivery services scrambling to meet the increased need for things like food and toilet paper due to quarantining households, an...
by Candy | Feb 5, 2021 | Business, COVID-19, Featured
Will working from home remain a norm for companies after the pandemic? According to CPA Practice Advisor, the answer is yes. They reported that business owners responding to a recent survey conducted by AICPA said that they would allow telecommuting for employees for...
by Candy | Feb 2, 2021 | Business, COVID-19, Featured, Taxes
Congress passed the COVID-19 Economic Relief Bill on December 17th 2020 in light of the ongoing coronavirus crisis. The law includes a variety of financial assistance for both citizens and small businesses. Because the new economic relief measures included such a vast...
by Candy | Jan 26, 2021 | Featured, Taxes
Determining the statute of limitations (SOL) on your taxes can be deceptively complicated. Luckily, in their recent article “How the IRS Determines Statute of Limitations on Collections,” CPA Practice Advisor outlined general guidelines for how SOL is defined and...
