Employee retention credit. I've talked about this for the last couple of years, it has to do with employers that had employees that worked through the pandemic actually…
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Tax questions
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Charitable contributions are on the table. Remember, this has to be a cash contribution and you can have 300 for a single 600 for a married. The reason…
ListenRecord keeping as an entrepreneur. We are responsible for tracking the income coming in and the expenses going out. Was responsible for making sure 1099 are issued to…
ListenYou're off the hook for fines if you pre-pay taxes or have additional withholdings, at least 90% of what your 2021 tax bill was, or 100% of what…
ListenCharitable contributions. It's almost the end of the year. And if you've been giving money to charity, we want to make sure we save that least up to…
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The Government Can Garnish a Criminal 401k to Pay Recipe Restitution
Bookkeeping & payroll
Did you know the government can garnish a criminal 401k to pay recipe restitution, which basically means if they consider what you've done criminal, for example, if you…
ListenMisclassified workers remain a priority for the IRS. They now have their own division within the IRS trying to identify misclassified workers. The reason is firms are trying…
ListenEmployee or independent contractor. That seems to be a million dollar question. The state, the Federal, the IRS, almost every agency is now looking into this question. The…
ListenAnd for any of you that have applied for PPP 2 which is the Payroll Protection Plan, if you haven't already, you need to make sure you have…
ListenYear-end tax planning tips. Let's do it. Do a trial run on your taxes just to see if you have enough money coming out. Your W4 may need…
ListenEmployers that claim the Work Opportunity Tax Credit get welcoming ease because they've now extended it to November 8 to file for the requested work. Remember, this is…
ListenUp until the year 2017, we had a big change in all taxes, and people basically lost what was called the 2106 come 2018. That was where employees…
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