We have recently fielded several calls and emails regarding Employee Retention Credits (ERC). We sent out information back in February of 2021 regarding the ERC for employers based on qualified wages that employers paid to their employees from March 2020 through...
It’s that time of year when most people are thinking about gift-giving. From Black Friday (the day after Thanksgiving) to the end of the year, we give our families monetary gifts, our employees bonuses, or make charitable donations. Here are five tips for being...
As our loved ones head back to school at all levels, it’s hard not to think about money. The cost of supplies, books, tuition, and transportation are among the few (but hefty) costs incurred this time of year by a typical family in the United States. With tax...
There are two ways to decrease your tax liability. The first way is to increase your tax deductions and the second is to pay attention to tax credits. What are Tax Credits? Tax credits are credits provided by your state or local government to reduce the...
Preparing year-end reports ought to be the “crowning point” of every business’ financial year. With proper planning, solid accounting practices, and expert financial reporting assistance, the process should be readily embraced and not avoided....
Small Business changes imposed by the coronavirus have been difficult to endure to say the least. Everything that we knew as “normal” went away and now, we must face the transformation of today’s habits and create a new “normal”. The...
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