No matter what type of business you operate, you rely on having a predictable flow of income to keep your bills paid. If you only have a sin

If opening your credit card bills, your checkbook or your wallet are traumatic events, you may have a problem with overspending. It’s nothin

President Biden presented his proposed American Families Plan (AFP) during his Joint Session of Congress address on April 29, 2021. What fol

Couples who are married on the last day of the tax year basically have two filing status options when filing their tax returns: either marr

Unfortunately, as a result of the COVID pandemic, many small firms have gone out of business. Fortunately, with the help of vaccines, new bu

The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end ends up owing?

Here are five things that happened this past month that affect your small business.

If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer

Just a reminder to those who have not yet filed their 2020 federal tax return that thanks to the IRS extending the filing due date, May 17,

If your 2020 federal return has already been filed and you are due a refund, you can check the status of your refund online. Note: if you cl

The IRS announced on March 31, that it will take steps to automatically refund money this spring and summer to people who filed their tax re

Tax credits are a tax benefit that offsets your actual tax liability, as opposed to a tax deduction, which reduces your income. Congress pro

They say that everybody has at least one good novel in them, and many people feel the same way about ideas for a successful business. If you

Thanks to some very liberal tax laws written to encourage investment in personal tangible equipment, including information technology (IT) e

QuickBooks Online offers numerous ways to help you track your sales, expenses, and profitability. If you’re using QuickBooks Online Plus or

Thieves use taxpayers’ natural fear of the IRS and other government entities to ply their scams, including e-mail and phone scams, to steal

Creating an employee stock option plan is an important step in your business’ growth and a sign of its success.

April 2021 Tax Due Dates

Great news if you are paying childcare expenses that enable you to work. As part of President Biden’s American Rescue Plan Act (ARPA) signed

The IRS has announced they are extending the filing due date for 2020 individual tax returns from April 15, 2021 to May 17, 2021. This was m