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IRS Receiving A Lot Of Money, Thanks to The Inflation Reduction Act

by Admin | Aug 30, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning

President Biden signed into law the Inflation Reduction Act on August 16, 2022, in part which gives the IRS almost $80 billion spread over the next 10 years on top of its regular annual funding. The money is meant to be used for: Enforcement and collection measures...

VIRGINIA’S INTEREST RATES WILL CHANGE FOR THE FOURTH QUARTER OF 2022

by Admin | Aug 25, 2022 | Business Taxes, Individual Taxes

tb-22-11-interest-rates-4th-qtr-2022Download

What Does The Inflation Reduction Act Mean To You?

by Admin | Aug 24, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 which is a scaled-back version of the prior Biden administration proposals originally included in the Build Back Better Act. The legislation includes a variety of provisions,...

Minimum Wage Tracker: State and Federal

by Admin | Aug 23, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning

Please visit https://www.epi.org/minimum-wage-tracker/ to stay up to date on State and Federal minimum wage amounts. EPI is an independent, nonprofit think tank that researches the impact of economic trends and policies on working people in the United States. EPI’s...

Ways to Maximize Business Deductions

by Admin | Aug 18, 2022 | Business Taxes, Entrepreneurial, Tax Planning

As a small business owner, you should always be on the lookout for legitimate ways to minimize your taxes. Waiting for year-end to do your tax planning can be too late and you may miss many possible opportunities. The following are valuable tips that help you...

Steps You Can Take to Grow Your Business to the Next Level

by Admin | Aug 16, 2022 | Business Taxes, Tax Planning

For small business owners, in particular, growing a business has always been something of a challenge. On the one hand, you don’t want to grow too quickly – doing so can significantly damage the trajectory that you’ve set out on. But at the same...
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