While we’ve been focusing on the aspects of the stimulus package targeting businesses, we also want to highlight some of the key programs in place for individual taxpayers and point out a few action items to take to ensure you’re capitalizing on these to the fullest.
There has been a lot of information for small business owners to digest in the past few weeks regarding Federal programs to help businesses during the COVID pandemic, and that’s on top of everything business owners are already doing to keep their companies afloat. Here are TWO STEPS that you should take today to get your company a piece of the stimulus package provided by the CARES Act.
The tax filing deadline is right around the corner! As you’re busy gathering your tax documents or reviewing your tax return, included here is a caution concerning the security of IRS online applications and websites.
Quickbooks Online and AMEX made it unnecessarily complicated to reconcile an AMEX account with multiple cardholders. Here’s one solution to this common annoyance for small businesses using QBO.
Get up to speed on the 2020 tax filing season, rules for retirement saving, a new W-4 and its effect on Human Resources and how to set up your business accounting system in February’s newsletter.
Welcome 2020. A new year calls for a fresh look at your financial strategies. Consider how to make the most of your savings accounts — and don’t forget you still have time to fund your IRA! You can also try the following fail-proof tricks to keep your New Year’s resolutions on track.
Learn about what is included in the recent Consolidated Appropriations Act of 2020, including a year-end tax package which includes various tax provisions, extenders and retirement plan changes.
Will you pay more taxes on Social Security in 2020? Iryna Sam, CPA and Tax Supervisor at WFFA, details what you need to know about Social Security taxes in the upcoming year.
As the year comes to a close, brush up on helpful topics in our December newsletter including, your yearly credit report, 3 major charity scams, cash flow as a part of your business plan and understanding independent contractors.
It is becoming more and more common for businesses to accept Bitcoin (“BTC”) as payment, with AT&T recently announcing that customers can now pay their bill using Bitcoin. Read our blog for details on the tax implications Bitcoin can have.
