With the holiday season in full swing, the shopping frenzy has begun. Millions of people do their shopping online, especially this time of year. Because of that, there is a surge of phishing attacks.
Check Your Tax Withholding Soon
Over the last week, the IRS has been putting out several news releases encouraging tax payers to check their withholding soon. We agree; it is a very good idea for all tax payers to do do a review of their withholding. So much has changed over the last year with …
IRS Warns of More Tax Scams
Tax scams happen year-round, but they seem to be more common during tax season and in the summer. The IRS website is a great resource for scams that are happening to tax payers all around the country. Here are a few of the latest scams we thought were important for our …
Preparing Your Business in Case of a Disaster
Can you imagine if you had a flood, fire, or natural disaster destroy your business and everything in it? No, we don’t want to imagine it either. But, it is important to prepare yourself and your business in case of a disaster. Come up with an emergency plan and update it …
IRS Just Announced an Increase
Are you on target to file your taxes before April 17th? If not, you may want to quickly review the fees for filing late. If you are going to be late in filing your taxes, you will incur a penalty fee as well as pay interest on the money you …
Scam Alert: Taxpayers Beware
Tax time is a busy time of year for accountants, the IRS and scam artists to boot. Taxpayers need to be vigilant with personal information, as there are many different scams surfacing. Beware of who you are giving your information to via phone or email. The IRS released a statement …
Questions About the New Tax Plan?
Everyone is hopeful that the new tax plan will spur economic growth. But, how will the new tax plan affect you? Well, it depends… If you are a large corporation, you will see a fairly large benefit as the maximum tax rate is being decreased from 35% to 21%. If …
Small Business Saturday
Small businesses are the heart of our business. We love helping small businesses with their accounting, payroll and taxes. Here a resource with tons of information for small businesses from the IRS… https://www.irs.gov/businesses/small-business-and-self-employed-tax-center Small businesses, just like ours, survive on local support. So, this Saturday, shop local. Find the shops …
Donations to Charity
Many businesses donate to charitable/non-profit organizations throughout the year, so they can write off the contributions on their taxes. It’s a wonderful way to support causes and organizations you care about, and have a tax deduction. But, if not done properly on the correct tax forms, that money won’t get …