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

The recently passed American Rescue Plan Act (ARPA) includes a provision for the federal government to pick up the cost of COBRA health cove

An increased child tax credit is part of President Biden’s stimulus package to help tackle the coronavirus pandemic and stimulate the econom

With the passage of the CARES Act stimulus package early in 2020, the federal government began supplementing the normal state weekly unemplo

Freelance work and the gig economy have taken the nation by storm. A study commissioned by the Freelancers Union and freelance platform...

Many individuals, because of the COVID pandemic, have been forced to work from home in order to curtail the spread of the virus. A frequent

Filing status is determined on the last day of the year and most often is based on marital status.