by Candy | Jul 23, 2021 | Business, Community, COVID-19, Taxes
The IRS and Treasury stated that in mid July many families with children should begin to receive money in their accounts. This is, of course, applying to low and mid income families and is regarding receiving monthly advances of $250 or $300 due to the new expansion...
by Candy | Jul 13, 2021 | Business, Featured, Shared, Taxes
During COVID-19 many small businesses had the opportunity of tax benefits being available to help them out during the pandemic. However, now that we see the end of the pandemic in sight, they are being faced with the obstacle of tax hikes. Small businesses are...
by Candy | Jul 1, 2021 | Business, Featured, Taxes
Are you an entrepreneur using a home office for business purposes? Are you aware of the deduction allowing you to expense the use of this space, and that there are two different ways to calculate it? The home office deduction is one of the most sought-after (and...
by Candy | Jun 17, 2021 | Business, Community, Featured, Shared, Taxes
Have you recently moved out of state? Or are you living in one location but working in another? Are you aware you may be taxed in both states? With the ability of many employees to work remotely, some families moved from higher tax to lower taxed states in...
by Candy | May 25, 2021 | Business, COVID-19, Featured, Sales Tax, Taxes
According to Accounting Today, sales tax has increased to levels that haven’t been seen in over ten years. This means that during the pandemic, many companies had to collect even more tax revenue from online shopping. Vertex, a tax tech company, said there...
by Candy | May 21, 2021 | Business, COVID-19, Taxes
The Work Opportunity Tax Credit (WOTC) is currently in the works to become a permanent part of the tax code and is being led by a bipartisan group of Senate lawmakers. It is offering employers tax credits per worker dependent upon hiring and retaining employees from...
