Both individuals and tax professionals have been confused recently regarding federal tax status on special payments in 16 states. On Friday, the Internal Revenue Service provided details regarding this confusion. Here’s everything […]
If you retained employees through COVID shutdowns, your business could be eligible for a tax refund of up to $26k per employee for tax years 2020 and 2021. Not only is it […]
When it comes to taxes, many people get confused about the difference between a tax credit and a tax deduction. While they may seem similar, they actually have different effects on your […]
Are you a working parent trying to balance the cost of childcare with your income? The Child and Dependent Care Tax Credit may be able to help. The credit is designed to […]
Eleven states imposed individual tax rate reductions on January 1. According to the Tax Foundation, a group that lobbies for lower taxes, 11 Republican majority states plan to reduce taxes for residents […]
We wanted to help you navigate the Retirement and Tax Benefits under the SECURE 2.0 ACT and give you everything you need to know regarding the topic. When did these changes occur? […]
If you’re expecting a refund then you’re most likely a taxpayer who is excited to be filing your taxes and should listen up! When will the IRS begin accepting individual tax returns? […]
So you’ve made some money in cryptocurrency! Congrats! Now, unfortunately, you’ve gotta pay taxes on that gain. Today, I’m going to break down how cryptocurrency is taxes and how to prepare for […]
Starting January 1, 2023, California minimum wages have increased yet again. Not only are the state’s base minimum wage rates increasing, individual cities, including San Diego are raising their minimum wages. We […]
If you run a small or medium-sized business, you are likely no stranger to outsourcing. You’ve probably worked with a marketing consultant, freelance graphic designer, or a contract web developer over the […]
You just received a Notice of Audit from the IRS, only to realize that you don’t have your receipts anymore. What do you do? In this post, we cover how to handle […]
Money is a stressful and often emotional topic for a lot of us, which makes smart financial choices particularly difficult to make. And that doesn’t go away when trying to make wise […]
