The value of the ERTC has increased. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 passed in December 2020,..
Category: Blog
IRS increases mileage rate for remainder of 2022
IR-2022-124, June 9, 2022 WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rate..
Year-round tax planning: All taxpayers should understand eligibility for credits and deductions
Year-round tax planning: All taxpayers should understand eligibility for credits and deductions Tax credits and deductions can help lower the..
IRS- IDENTITY THEFT LETTERS FROM THE IRS
What taxpayers should do if they get an identity theft letter from the IRS When a thief steals someone’s Social..
EMPLOYEE RETENTION TAX CREDIT – ERTC
Employee Retention Credit Limitation The Infrastructure Investment and Jobs Act, enacted on November 15, 2021, amended section 3134 of the..
Entity Structure
Your business structure affects how much you pay in taxes, your ability to raise money, the paperwork you need to file,..
Business Meal Deduction
The IRS encourages businesses to begin planning now to take advantage of tax benefits available to them when they file..
Bookkeeping and Proper Accounting
We are at the time of the year where it is critical to have kept up with a complete set..
Tax Return Preparation
The 2021 tax season has come to pass. Did your experience feel as though it was a nightmare? Do you..