by Admin | Aug 22, 2023 | Business Taxes
If you have a calendar year 2022 partnership, S-corporation, or trust return on extension, don’t forget the extension for filing those returns ends on September 15, 2023* (October 2, 2023* for trust returns). Pass-through entities such as partnerships, S-corporations,...
by Admin | Jul 26, 2023 | Business Taxes, Tax Planning
It is not uncommon for employers to misclassify employees as independent contractors, either to intentionally avoid their withholding and tax responsibilities or because they are not aware of the laws regarding the issue. Misclassifying a worker can have significant...
by Admin | Jul 19, 2023 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
Thanks to Inflation Reduction Act resources, the IRS delivered dramatically improved service in filing season 2023. IRS achieved an 87% level of service. Through the end of filing season, IRS answered 3 million more calls, cut phone wait times to three minutes from 28...
by Admin | Jun 21, 2023 | Business Taxes, Entrepreneurial, Tax Planning
By far, one of the biggest (and most unique) challenges facing e-commerce companies today has to do with the uncertain nature of the entire enterprise. Nobody could have predicted the onset of the COVID-19 pandemic in 2020. One side effect of this was that e-commerce...
by Admin | Jun 21, 2023 | Business Taxes, Entrepreneurial
While bank failures are rare in the grand scheme of things, they can and do happen – as recent events like the closure of Silicon Valley Bank go a long way towards proving. When these types of bank failures do occur, they can be catastrophic. They happen quickly...
by Admin | Jun 7, 2023 | Business Taxes, Entrepreneurial, Tax Planning
It’s safe to say that the millions upon millions of small and mid-sized businesses operating right now are the true foundation of the United States economy. But whether you’re a seasoned veteran or are a new entrepreneur looking to journey out on your own...
