by Candy | Mar 31, 2022 | Featured, Taxes
Are you interested in reducing your 2021 tax bill and building your retirement savings? There is a unique tax-saver option that some individuals can take advantage of. You can save for retirement by contributing to your IRA while reducing your tax liability...
by Candy | Mar 29, 2022 | Featured, Taxes
The Internal Revenue Service has announced that the Q2 interest rates will be increasing effective April 1, 2022 through June 30, 2022. These rates are determined on a quarterly basis by the IRS. They are set by statute and vary depending on the taxable entity as well...
by Candy | Mar 24, 2022 | Taxes
The due date for most Americans to file their federal return this year is April 18th, 2022. A majority of states have their own income tax reporting requirements and attempt to make their deadline the same as federal. Sometimes due to circumstances within their...
by Candy | Mar 22, 2022 | Business, Taxes
There are many valuable tax deductions available to self-employed entrepreneurs. As a small business owner, it is important to take advantage of these opportunities to help boost your income and improve your bottom line. Tax deductions can also help lower your tax...
by Candy | Mar 18, 2022 | Business, Featured, Taxes
Beginning in 2022, the Internal Revenue Service has enhanced its e-file capabilities so that organizations can now file Form 1024, “Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code,” electronically. This form is...
by Candy | Mar 15, 2022 | Business, Featured, Taxes
As our country shifts from a manufacturing based economy to a service-based economy, more and more states have begun implementing taxation on select services. This year we could see an increase in taxation on services as Indiana and Nebraska are looking to pass...
