The Employee Retention Credit (ERC) was intended to help ease the burden on businesses during the Covid-19 Pandemic. The credit allows employers to claim a refund on qualified wages paid to their employees. Unfortunately, scammers have used this credit as an opportunity to convince employers that they qualify for the credit, when in reality, they […]
Fully invest in your business this year with new tax strategies
The 2015 Tax Extenders Bill has given business owners new predictability in the tax code and has given you the opportunity to hone your tax strategies.
Year-End Tax Planning: Are You Reactive or Proactive?
If you’re conducting your final year-end tax planning now, ask yourself one question: Are you proactive or reactive?
Taxes you know (and didn’t know) you have to pay
As Americans, we pay many taxes, some during tax season and others throughout the year. Here’s your list of the taxes you’re responsible for.
Fraud: Do You Know It When You See It?
The subject of employee fraud is a delicate one. Vigilance requires an investment of time and money in return for an uncertain payoff.
Either You Have It, or You Don’t
Business owners planning for a successful future should always begin by identifying and understanding their primary objectives for themselves, their families, their ownership and their businesses.
The End of File & Suspend for Married Couples
The file-and-suspend claiming strategy to try and optimize Social Security benefit disappears.
The Tax Man Commeth
Whether Old Punxsutawney Phil’s Groundhog Day prediction came true or not, one thing is certain to arrive each year: Tax Day. April 15, 2015 is just a short 7 weeks away. There’s no hiding or going back into a hole to avoid or evade its certainty. We must face it head on. Mailboxes across the […]
When will the IRS budget cuts finally stop?
Can the trend of IRS budget cuts continue, even as the nation’s tax code and regulations become more complex each year? Tax advisor Dan Engelhardt explains.
Planning in an Uncertain Tax Environment
While I would love to be telling you all about a new 2014 tax law extending the 54 tax provisions that expired at the end of 2013, I can’t because it is mid-November and Congress still has not passed any tax legislation to clarify the situation. Even without a new tax law there are still […]