by Candy | Sep 23, 2021 | Featured, Shared, Taxes
Are you a business owner who is waiting for a refund from your 2020 income tax return or you filed for the Employee Retention Tax Credit and haven’t yet had a response? According to the US Treasury Department as reported by CNBC, there is a backlog of nearly 8 million...
by Candy | Sep 9, 2021 | Business, Featured, Taxes
Many states are coming up with ways to help taxpayers evade a restraint on a significant income tax break. An example of a way states are doing this is by allowing businesses, instead of paying income tax at a personal level, to pay it at the entity level. This has...
by Candy | Sep 2, 2021 | Business, COVID-19, Featured, Sales Tax, Taxes
As we come to the middle of 2021, the fears of many state and local government brought about by the pandemic have lessened. Many regions were rattled as the economy shut down, and for good reason. Mike Bernard, the chief tax officer for transaction tax at Vertex,...
by Candy | Aug 31, 2021 | COVID-19, Taxes
During the pandemic Congress created a tax break to help businesses that were having a hard time which is known as the Employee Retention Tax Credit (ERTC). However, not many businesses took advantage of it and the bipartisan infrastructure bill would bring an end to...
by Candy | Aug 26, 2021 | Bookkeeping, Business, Community, Featured, News, Shared, Taxes
In the last video, I shared the 2021 Dirty Dozen Tax Scams the IRS specified. Each year, they identify the top 12 methods used for stealing data and other nefarious tactics to get money from unsuspecting victims. Today, I want to share more information to help you...
by Candy | Aug 19, 2021 | Business, Featured, Shared, Taxes
As you probably know, there are many scams to be aware of from people who would like to steal your identity and access your accounts. The IRS identifies the top ones each year, and they announce a “Dirty Dozen” list to alert the public to the most prevalent. The IRS...