Blog

Time for Taxes!

As we approach another tax season, it’s time to ensure that you are well prepared for it. Of course, there will always be areas unique to your situation, but there are a few items that we see year after year that may affect you. So as you are gathering your information together to bring to […]

Of Taxes, Viruses and 2021

A quick update regarding this tax season and ongoing virus concerns… First and foremost, we appreciate your business and look forward to working with you this year! We are flexible and will work with you to get your tax returns prepared in whatever way makes you most comfortable. We have a number of options available […]

Recovery Rebates

You may have noticed an extra $600 or more in your bank account recently. That’s because Congress passed several new measures into law, one of them being an additional advanced rebate, after the initial $1,200 payments that were sent out earlier in 2020. The bill provides a second round of payments to taxpayers of $600 per […]

Starting With A Strong Finish

As you head into a new year, you also have a lot of new opportunities for your business. But how do you know if you’re well-positioned to take advantage of these opportunities? The best thing you can do for your business this coming year is to be sure you know how you finished up last […]

IRS Open for Tax Season

Despite the government shutdown, the IRS will be processing tax returns and refunds. However, since the agency is operating on a limited staff, don’t expect the same processing timeline as usual. On January 7th, the IRS issued the following: “Despite the government shutdown, the Internal Revenue Service has confirmed that it will process tax returns […]

Annual Registration Scam

We want to make you aware of an annual business filing scam that is surfacing again this year. If you have received an official-looking notice for registration titled, “ANNUAL REGISTRATION INSTRUCTION FORM,” do not respond. This scam is perpetrated by Workplace Compliance Services, and they seek to charge you well above and beyond your filing fee, […]

Health Insurance for Business Owners

If you own a company (or part of one) and that company pays for your health insurance, be sure you are taking full advantage of it. Two types of companies that can give their owners a great tax benefit from these expenses are the Sole Proprietor and the S-Corporation. However, the health insurance payments (or […]

The Time is Near!

As we approach another tax season, we would like to help ensure that you are well prepared for it. Of course, there will always be areas unique to your situation, but there are a few items that we see year after year that may affect you. So as you are gathering your information together to bring […]

Job Related Expenses

Big changes are coming for 2018 and beyond with the new tax bill that passed through the House and Senate in December, 2017. Parts of the new bill substantially increase the standard deduction while also removing and/or changing many of the itemized deductions. One of those changes concerns expenses incurred as part of a job […]

Choosing The Best Type Of Business For You

With the new year often comes new resolve and a chance to start fresh. One way many people like to do that is by striking out on a new venture or even making changes to an existing one. But in doing so, there are so many options to choose from even in structuring your business. […]