Blog

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 […]

Closing Out in 2020

The end of 2020 is fast approaching and we’re getting ever closer to December 31. We’d like to see you have a strong finish to 2020 so you will be well prepared for 2021, since having an accurate picture of what happened in the past will help you prepare for the opportunities that lie ahead. […]

PPP Loan Forgiveness

Just a quick note… The Treasury Department has provided the worksheet to apply for the PPP loan forgiveness. If you have received the PPP Loan to cover your payroll costs during the downturn, please take a look at the worksheet/application and let us know if you have any quiestions. https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf   -Heritage Accounting and Tax […]

GA DOL and COVID-19

The Georgia Department of Labor has released this information that may be relevant to you as an employer in Georgia: “In response to the recent development of COVID-19, the Georgia Department of Labor (GDOL) is temporarily suspending in-person requirements for services provided by the agency. In accordance with Governor Kemp’s recommendation, the GDOL is providing […]

COVID-19 (Coronavirus)

A quick update regarding the COVID-19 Coronavirus: First of all, we understand your concerns and will work with you to prepare your returns. Also, yes, we’re open and we will remain open throughout the tax filing season (now extended to July 15). And we are still making appointments for anyone who needs one. We are […]

When Should I expect My Refund?

Are you (like many Americans) starting to think about the upcoming tax season and when you’ll get your IRS income tax refund? The tax reform law that took effect in early 2018 will still have an effect on many Americans, with the tax returns they file from January through April 15, 2020 affecting the amount […]

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 […]

In Thanksgiving

The holiday season is upon us, and it brings with it all the busyness and anxiety of meals to prepare, family and friends to entertain, shopping to accomplish and more. In the midst of all this, be sure to take some time to look around at all you have. If you’re anything like me, you’ll […]

Tax Tables

The IRS has released some updated rates and information for 2019, including tax rates adjusted for inflation. If you like that sort of thing, you can read all about it here. For a brief synopsis of the new tax tables for individual, we have them here and below. Yes, that is a brief synopsis. Have […]