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.
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.
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.
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.
The IRS has released rules detailing the taxation of hardforks and airdrops of cryptocurrencies, and they aren’t pretty. If you’ve used or invested in cryptocurrency, these changes could have significant tax consequences.
The IRS is expanding a pilot program that uses Identity Protection Personal Information Numbers (IP PINs) to provide an extra layer of security for taxpayers. Learn more about the program.
The deadline to complete sexual harassment prevention training for NYS companies is rapidly approaching. Learn about what the training must include and which deadlines to be aware of.
Have you received a notice about a $100 Biennial Fee for NYS? Wondering if it is legit? Send it over and let us help you determine whether it’s official before making any payments!
