Parking Reimbursements for Employees: What You Should Know
There’s no way around it I know, the commute to work combined with the lack of parking in big cities is frustrating to many. Some employers have the ability to set up […]
Secure 2.0 Retirement and Student Loan Payments
Understanding the IRS Rule Effective in 2024, the SECURE 2.0 Act permits employers to contribute to an employee’s retirement plan, such as a 401(k) or 403(b), based on the employee’s student loan […]
“What Happens if I Accidentally Omitted Information on My Tax Return?”
The whirlwind of personal income tax return season has finally subsided for another year – or so you thought, until you realize there’s information you forgot to include. Whoops! Now what? Your […]
“Can I Deduct the Cost of My Commute to Work?”
If you’re wondering about your commuting expenses and whether or not they are potentially deductible we have all your information. Unfortunately, commuting expenses, such as driving between your house and your office, […]
IRS Offers New Tax Extension
The Internal Revenue Service (IRS) made an announcement this week that has provided much-needed tax relief for individuals and businesses grappling with the aftermath of severe storms and flooding that struck parts […]
Navigating the New Corporate Transparency Act: What Every Business Owner Needs to Know
The rules for most domestic businesses have undergone a major change that business owners can’t afford to ignore. Effective January 1st, 2024, the Corporate Transparency Act now mandates that alongside state filings […]
Preparing Your Business for Tax Season
While tax season can be hectic for some people, it doesn’t always have to be. We have a comprehensive guide to help business owners prepare for tax season. Step 1: Organize Your […]
IRS Updates for Mobile Payment Services
If you receive income via Venmo, PayPal, or CashApp then you’re in luck! The IRS chose to delay its 2021 law that required those who use payment platforms to send in tax […]
Navigating Employee Retention Credit Refunds: A Guide for Tax Reporting
Understanding the Basics The Employee Retention Credit (ERC) has been a crucial financial aid for many businesses during challenging economic times. However, once you’ve obtained this benefit, it’s essential to know how […]
Should You Take Out A Loan Or A Line Of Credit For Your Business
Before you go into debt with your business, you’re going to want to read this. Today, we’re going to share with you the pros and cons of getting a loan or line […]
The Truth About Credit Card Reward Points
Think all credit card rewards are great, think again! Credit card companies love to tout their reward programs, from cash back on purchases to free travel and exclusive perks. These rewards are […]
Student Loans: What We Do Know
Confused by where student loans lie right now? The government seems to be too! What’s Happening Now Your student loan payments were on pause, but they resumed a little over a month […]