by Candy | Mar 4, 2021 | Business, COVID-19, Taxes
https://youtu.be/SX0ZnxCNZ8k Are you a business owner that applied for round one of the paycheck protection program, but didn’t use the tax credit from the employee retention tax credit due to the fact that you had to choose one or the other? Well, now you have...
by Candy | Feb 25, 2021 | Business, Community, COVID-19, Sales Tax, Taxes
Are you an entrepreneur or thinking of becoming one? Even with the pandemic, entrepreneurs feel a sense of optimism aAccording to the American Express Entrepreneurial Spirit Trendex. What this means is although we’re facing challenges and many have had to pivot...
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 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...
