by At | Apr 1, 2020 | faq, newsroom, Uncategorized
The Coronavirus Aid, Relief and Economic Security (CARES) Act passed this past Friday, March 27, 2020. We believe there are a number of benefits for individuals and small businesses. In our opinion, the most significant benefit to most small businesses including the...
by At | Mar 31, 2020 | faq, newsroom, Uncategorized
The IRS has announced that distribution of economic impact payments would begin in the next three weeks. However, some seniors and others who typically do not file returns would be required to submit a simple tax return to receive the stimulus payment. Further, the...
by At | Mar 28, 2020 | faq, newsroom, RSS Feed
March 27, 2020 Download this article. As COVID-19 continues to upend nearly every aspect of life in the United States, Congress has been working to relieve suffering Americans. Having passed the Families First Coronavirus Response Act on March 18 in an effort to...
by At | Mar 25, 2020 | faq, newsroom, RSS Feed, Uncategorized
You can download this article here. As coronavirus (COVID-19) continues to spread, rattling financial markets, forcing the closures of businesses and schools, and canceling major public events across the country, the Trump Administration and Congress began taking...
by At | Mar 20, 2020 | faq, newsroom, RSS Feed, Uncategorized
Treasury Secretary Steve Mnuchin announced today that the federal income tax filing date has been extended from April 15 to July 15 for people who owe $1 million or less and corporations that owe $10 million or less. This allows taxpayers and businesses additional...
by At | Aug 2, 2018 | faq
Published on Consumer Reports, 2018 If you file quarterly taxes because you are self-employed or are a retiree with significant income, you can protect yourself from penalties by overpaying in the first and second quarter, says Gary DuBoff, a principal in the tax and...
by At | Aug 2, 2018 | faq
Published on Consumer Reports, 2018 If you file Schedule C, for business income, there are new rules that apply to so-called “pass-through entities” that could be beneficial to you. If your business is a sole proprietorship, partnership, limited liability corporation,...
by At | Aug 2, 2018 | faq
Published on Consumer Reports, 2018 If you’re a retiree and no longer itemizing because of the new tax law, there are still ways you can reduce your total tax bill. Arrange to have all or part of your required minimum IRA distribution contributed directly to a charity...
by At | Aug 2, 2018 | faq
Published on Entrepreneur Your accountant can estimate your company’s fair market value in excess of your tangible assets. He or she will start by examining your financial plan and then execute a discounted cash flow (DCF) analysis, a common but effective valuation...
by At | Aug 2, 2018 | faq
Published on Consumer Reports, 2018 While funds from tax-advantaged 529 education savings plans have been used in the past to finance college education, they can now also be used toward paying for the cost of a private school education from kindergarten through 12th...