Tax History Trivia!
Tax History Trivia! With the IRS moving tax day back for all U.S. filers for the second time in as many years, it’s time once again for a fun diversion by looking back at tax history! Test your tax knowledge using these questions to stump your friends and family. In...
Don’t Overlook Renters Insurance
Don't Overlook Renters Insurance Do you rent an apartment or condo? If so, do you have renters insurance to protect your belongings and to cover you against liability claims? A surprising number of renters don’t bother with insurance. Some assume they’re covered by...
Cross-Training: Essential for Small Business Survival
Cross-Training: Essential for Small Business Survival Have you considered cross-training your employees to ensure more than one person knows all key functions? Cross-training can be a win-win situation for you and your employees. Large companies often use it to...
Businesses Get More Time to Apply For PPP Loans
Businesses Get More Time to Apply For PPP Loans Legislation provides other business relief provisions Here's what you need to know about the Paycheck Protection Program (PPP) loans and other business relief provisions of the recently-passed American Rescue Plan Act....
The Gift of Grace
The Gift of Grace After living under the weight of the pandemic for more than a year and listening every day to the bad news around us, why not look for ways to change the conversation by doing something nice and unexpected for someone else. Here are some creative...
New Tax Breaks Benefit Millions
New Tax Breaks Benefit Millions What you need to know The recently-passed American Rescue Plan Act contains several tax breaks for you and your family. Here are the major provisions of the bill that could mean more money in your pocket during the 2021 tax year. Child...
Individual tax return deadline moved to May 17
Individual tax return deadline moved to May 17 ALERT! Late Tax Legislation Creating Havoc Congress' recent move to retroactively make a portion of 2020 unemployment income tax-free is creating havoc during this year's tax filing season. Here is what you need to know....
Tax Time Bomb
The $24,000 Tax Time Bomb A terrible tax surprise everyone should know What follows is a true story. A story with a sad ending. But one that has a lesson for everyone. Stick with the story, with a high degree of certainty you probably know someone in this exact...
Starting a Business Now Could Make a Lot of Sense
Starting a Business Now Could Make a Lot of Sense The same factors that we've been dealing with for the past 12 months during the pandemic can also create an opportunity if you are considering starting a small business. Problems create opportunity For one thing, fewer...
Get Your Contractor or Employee Classification Right!
Get Your Contractor or Employee Classification Right! Tax challenges can be VERY expensive As a small business owner, you may face the issue of whether to classify workers as employees or as independent contractors. Classifying your workers as independent contractors...