by Candy | Dec 22, 2020 | COVID-19, News, Taxes
Are you an employer who received a PPP loan and were waiting to find out if the IRS guidelines of non-deductibility were going to remain, or if Congress was going to make an adjustment? Well, I have great news for you! As of Monday, December 21st, Congress passed a...
by Candy | Dec 22, 2020 | Taxes
If you’re hoping to capture some big write-offs for your company’s 2020 tax return, acquiring new business assets may be the way to go. Recent legislative changes have made deductions for new equipment put into service in 2020 even more enticing, especially in the...
by Candy | Dec 18, 2020 | Business, Taxes
Are you an employer looking to hire staff in your company? Are you aware that there’s a federal tax credit available to you? If you hire someone from a targeted group, the Work Opportunity Tax Credit is issued by the Internal Revenue Service for hiring someone...
by Candy | Dec 9, 2020 | Business, Featured, Payroll, Taxes
If you are a small business owner, one of the financial requirements you are responsible for undertaking on behalf of your company is the collection and payment of payroll taxes. Payroll taxes, which are a percentage of wages held from employees’ paychecks and paid to...
by Candy | Dec 3, 2020 | Business, Taxes
https://youtu.be/GMRnOZg15iI Are you beginning to think about your tax preparation and what you need to submit to your CPA in order to file your tax return? Today I wanted to discuss a few things to make sure you’re considering when gathering all of your...
by Candy | Nov 24, 2020 | Business, Communication, COVID-19, Software, Taxes
If your staff is dispersed in a large geographical area, you may be overpaying on local taxes. According to CPA Practice Advisor, business owners can often save on local and municipal taxes when they have a distributed workforce. This is because cities assess taxes...
