by Admin | May 11, 2023 | Business Taxes, Tax Planning
To say that things are uncertain right now when it comes to the economy is, in all probability, a bit of an understatement. Inflation is at levels we haven’t seen in decades. Employment costs are rising across the board. Materials in a number of industries are...
by Admin | May 9, 2023 | Entrepreneurial, Individual Taxes, Tax Planning
If it seems like more and more employees are turning to freelance work these days, you’re not imagining things. According to one recent study, there are currently 73.3 million freelancers in the United States alone. The fast-paced mobile era that we’re now...
by Admin | May 5, 2023 | Business Taxes, Entrepreneurial, Tax Planning
Small businesses play an important role in the nation’s economy. During National Small Business Week, the IRS reminds taxpayers that IRS.gov has resources and tools to help small businesses understand and meet their tax responsibilities. Bookmark these important...
by Admin | May 3, 2023 | Business Taxes, Tax Planning
The Internal Revenue Service reminds thousands of tax-exempt organizations of their May 15, 2023, filing deadline. The annual filing due date for certain returns filed by tax-exempt organizations is normally by the 15th day of the 5th month after the end of an...
by Admin | May 2, 2023 | Individual Taxes, Tax Planning
The Inflation Reduction Act of 2022 made several changes to the tax credits provided for qualified plug-in electric drive motor vehicles, including adding fuel cell vehicles to the tax credit. Beginning January 1, 2023, eligible vehicles may qualify for a tax credit...
by Admin | Apr 26, 2023 | Individual Taxes, Tax Planning
Taxpayers who missed the recent April filing and payment deadline should know their obligations and the possible consequences if they don’t file or have an overdue tax bill. Taxpayers who owe taxTax owed and not paid by April 18, 2023, is subject to penalties and...