IS PAID TIME OFF A PAIN OR A PERK?
Monday, September 25
October is right around the corner. So is the October 15th extension deadline. And so is the fourth quarter for your business. As we approach Q4, be mindful of the usual year-end accounting needs and reporting requirements that will be popping up. We’ll keep you informed of changes coming, throug...
A new way of Charitable Giving
Monday, September 25
The extension deadline is coming up October 15th— it’s got me thinking about what’s coming. Let’s take a look. 1099-K for you and you and you — I talked about this recently in a previous note, but the gist: If you use third-party payment apps like Venmo, CashApp, etc. whether for personal reasons...
HOW ARE YOUR GETTING TRIGGERED?
Monday, September 18
One common denominator among my clients the last few years is an increase in financial stress. Often, it’s related to tax problems they need help resolving, but there are other factors involved, too. As prices rise, so does anxiety around money. And it’s hard to make smart financial decisions whe...
HIRE SMART PEOPLE THE LET THEM EXPRESS
Monday, September 18
Let me begin by noting, if you were looking to file for the Employee Retention Credit this year, heads up that the IRS isn't processing any new claims through the end of the year. This is an effort to keep you out of hot water if you shouldn't be claiming the ERC and to crack down on any question...
Where is the TIPPING POINT?
Monday, September 18
Let’s start today with a reminder. If you filed for an extension and haven’t yet submitted your 2022 taxes, the deadline for doing so is coming up quickly. Get things settled before October 16: And beyond that, the moratorium on paying student loans is over and the first payments will begin in Oc...
DOES THE IRS KNOW YOU ARE “OPEN FOR BUSINESS?”
Monday, September 11
We’re seeing businesses across the nation acknowledge this week’s 9/11 day of remembrance in really special ways. It’s been 22-years already. Looking back, 2001 and 2020 are similar as stand-out turning points for America, albeit in different ways and for different reasons. As it relates to busin...