by Candy | Oct 8, 2020 | Business, Communication, Community, Featured
Can you believe we’re in the fourth quarter of 2020 already? I know many of us are looking forward to 2021 because of everything that we’ve experienced this year, including the Coronavirus, fires, hurricanes and more. But it’s time to start planning...
by Candy | Sep 22, 2020 | Bookkeeping, Business, Featured, Sales Tax, Shared, Taxes
Many states are taking advantage of the rise in telecommuting due to the pandemic to trigger the establishment of a tax nexus. Unfortunately, this may create additional administrative and tax burdens for small business owners who have employees telecommuting from...
by Candy | Sep 15, 2020 | Business, COVID-19, Featured
If you’re a small business owner and you had your Paycheck Protection Plan loan forgiveness rejected, the latest update from the Small Business Administration (SBA) may be of some help. According to Accounting Today, The SBA’s Office of Hearing and Appeals has...
by Candy | Sep 9, 2020 | Featured, Taxes
Are you a worker who’s collecting unemployment benefits or an entrepreneur who had assistance through your state agency? Are you aware that these unemployment benefits are taxable and you may end up with a large tax bill in 2021 for this year’s return? To...
by Candy | Aug 14, 2020 | Featured, Taxes
The IRS is moving Non-Employee Compensation reporting, previously 1099 MISC-box 7, to a new form called the 1099-NEC. This change takes effect for the 2020 tax year, so reports filed in 2021 and later will need to utilize the new form if filers meet any of the...
by Candy | Jul 28, 2020 | Business, Featured
The way you start your morning can set the tone for your entire day. While a chaotic or frustrating AM routine can hinder your afternoon work, having a productive morning starts you off on the right foot and paves the way for a successful and industrious day....
