The main incentive for small businesses under the CARES Act is the Paycheck Protection Protection (PPP) program. The $349 billion funded through the Small Business Loan Program (SBA)...
Did you know that employers deduct income tax from the paychecks and remit of their employees and report it to the IRS? If you’re an employee, you will receive an IRS Form W-2,...
The number of tax-related identity theft has been increasing and the IRS has been monitoring these tax fraud events. Tax season excites identity thieves.According to Neil Chase, Vice...
Posted by Tim Thompson CPA PLLC on 04/03/2020
Most of the time, stockholders will only start their way out of the business until the stocks are ready for selling. But bear in mind that inadequate planning at the present may lead...
Posted by A+ Income Taxes on 04/03/2020
The amount paid within the year for medical expenses involving health insurance premiums tender’s generous potential deductions and cuts during the tax period.Obtaining specific...
The rise of online and discount brokerages is making people interested in trading and the stock market. However, taking advantage of the various strategies on asset protection and...
Prepared or not, tax return reporting was amended once more for the 2020 tax year. The IRS considerably fused the Form 1040 in 2018 which results in a total reconstruction of the old...
Posted by Freddie Cook, CPA on 04/03/2020
Many people without wealthy parents or access to scholarship will find college expenses overwhelming. In addition to the high tuition fee, there are many expenses. The good news is...
Posted by Don Bell Law on 04/02/2020
Tax Season for this year is currently underway, with that being said several tax forms are also in process. One of these forms is the W-2, Wage and Tax Statement for employees. Regardless...
Posted by Freddie Cook, CPA on 02/27/2020