Protect Your Tax Return With This Secret Weapon!

Posted on 20. Apr, 2021 by in IRS, Small Business Tips, Tax Tips, Tax Updates

The Problem You hang up the phone with a huge smile on your face. You just learned that you’re getting a pretty sizeable tax refund this year. Now all you need to do is kick back and wait a week or two for the IRS to wire the money into your bank account. This good […]

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Is a Tax Trap Lurking in Your Paycheck?

Posted on 21. Oct, 2020 by in Small Business Tips, Tax Tips, Tax Updates

Does your paycheck look a little higher than normal? If so, it could be a tax trap. The ProblemA payroll tax holiday, effective September 1, was recently signed via a presidential executive order. Payroll tax holidays typically provide forgiveness of Social Security and Medicare taxes that are normally withheld from your paycheck. This year’s tax […]

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Key 2020 Coronavirus Tax Changes

Posted on 06. May, 2020 by in Independent Contractor, IRS, Retirement Accounts, Tax Updates

As you navigate the COVID-19 pandemic, we’re here as your trusted tax and business advisors to provide guidance as we all traverse these uncertain times. Coronavirus uncertainty abounds. Thankfully, by monitoring tax changes on your behalf, we can work together to navigate the right path for you and your family. Here is a round-up of […]

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What You Need to Know About Health Care Reform

Posted on 17. Feb, 2015 by in Bookkeeping Articles, Tax Updates

Guest Post by Leslie Bennett, CPA Beginning in 2014, every US citizen and resident alien must have health insurance (minimum essential coverage). Failure to have insurance will result in a penalty (an additional tax) to be paid when filing the 2014 tax return. Certain individuals may be exempt from this requirement, such as income below […]

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