February 10, 2021

Should You Charge Late Fees? Quickbooks Can Help

Do you have a lot of aging receivables? Assessing finance charges can speed up customer payments. Have your customers been submitting payments later than usual these […]
February 3, 2021

Tax Time is Around the Corner! Are You Ready?

Tax time is just around the corner, and if you are like most taxpayers, you are probably facing the ominous chore of compiling records in preparation […]
January 27, 2021

How Biden’s Rescue Plan Might Impact Your Taxes

President Biden released his “American Rescue Plan” on January 14th, 2021. The list consists of proposals he wants Congress to enact to address the COVID-19 pandemic […]
January 20, 2021

2021 Standard Mileage Rates Announced

The Internal Revenue Service (IRS), each year, computes standard mileage rates for the use of a vehicle for business, medical and moving purposes based on a […]
January 12, 2021

The Consolidated Appropriations Act Opens the Employee Retention Credit up to PPP Borrowers!!

While all of us would rather forget and put 2020 behind us, the recent Act signed by the president made some retroactive changes to some of […]
December 30, 2020

Emergency COVID-19 Agreement Reached

After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters, Congress configured much-needed legislation. The […]
December 9, 2020

Employee Holiday Gifts May Be Taxable

It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair market […]
December 7, 2020

Don’t Fall Behind in Saving for Retirement

Some folks have been tapping or suspending their retirement savings to make ends meet during this COVID-19 pandemic, and although understandable, it is important that they continue […]
December 2, 2020

Tax Planning Strategies for Small Businesses

If you are a small business owner, every penny of your income counts. This means that you not only want to optimize your revenue, but also […]