October 15, 2024Running a business is no small feat. Between managing daily operations, keeping customers happy, and focusing on growth, it’s easy…- October 9, 2024Is my tax strategy really as good as it can be? Most business owners (and anyone paying high taxes) have…
October 7, 2024The IRS has released FAQs on many sections of the Secure 2.0 Act. Several of the sets of FAQs explain…- June 20, 2024Although the SECURE 2.0 Act was enacted in December of 2022, the Pension-Linked Emergency Savings Account (PLESA) just became effective…
May 15, 2024Although the gross revenue test is fairly straightforward, the ERC suspended operations test involves many nuances and opportunities for mistakes…
May 15, 2024Before you claim the Employee Retention Credit, you must pass either the gross revenue test or the suspended operations test.- May 15, 2024An August report from the Treasury Inspector General for Tax Administration (TIGTA) stated that the IRS had identified 11,000 returns…
- May 15, 2024Many taxpayers find themselves in debt over their heads and end up settling their debts for less than what is…
- May 15, 2024Learning how to avoid tax preparer fraud and choosing the right tax professional for your needs is a big decision…
- May 15, 2024A taxpayer who is in the business of providing family daycare in their home may deduct the ordinary and necessary…
