Articles page 65 of 91.
- February 5, 2021
Video: Standard Mileage for 2021 Announced
Watch the video to see the 2021 optional standard cents-per-mile rates for business, medical and moving purposes issued by the IRS.
Read → - February 4, 2021
Day Trader Rules and Tax Treatment
Day trading is neither illegal nor unethical, but it can be highly risky. Most individual investors do not have the wealth, time, or temperament to make money o
Read → - February 2, 2021
Video: Biden's COVID Relief & Tax Plan
This is an abbreviated summary of President Biden's COVID Relief & Tax Plan aiming to assist people with financial hardships during the pandemic.
Read → - January 26, 2021
Tax Time is Around the Corner! Are You Ready?
Tax time is just around the corner, and if you are like most taxpayers, you are probably facing the ominous chore of compiling records in preparation for your t
Read → - January 24, 2021
2021 Standard Mileage Rates Announced
The Internal Revenue Service (IRS), each year, computes standard mileage rates for the use of a vehicle for business, medical and moving purposes based on a num
Read → - January 24, 2021
4 Questions Business Owners Should Consider During the 2020 Tax Season
As you begin the process of filing your 2020 business tax return, don’t forget to consider some of the ways COVID-19 may have affected things.
Read → - January 24, 2021
Beware: These Tax Return Red Flags Could Catch the Eye of the IRS
Receiving an audit notification can be a scary thing for any taxpayer. Here are some of the tax return red flags that could spark the interest of the IRS.
Read → - January 24, 2021
Charitable Contributions Deduction Liberalized for 2021
As a means to stimulate charitable contributions during the COVID crisis, Congress made two notable changes for 2020—one allowing taxpayers that don&rsquo
Read → - January 24, 2021
Congress Has Authorized a Second Round of PPP Loans
Congress passed, and President Trump signed, the Consolidated Appropriations Act, 2021. Included in its approximately 5,600 pages is a second draw of forgivable
Read → - January 24, 2021
How Biden's Rescue Plan Might Impact Your Taxes
President Biden released his “American Rescue Plan” on January 14. It is a wish list of proposals he wants Congress to enact to address the COVID-19
Read → - January 24, 2021
Increased Business Meal Deductions for 2021 and 2022
If you recall, the Tax Cuts and Jobs Act (TCJA), effective beginning in 2018, eliminated the business-related deduction for entertainment, amusement or recreati
Read → - January 24, 2021
IRS Offers New Identity Protection for Taxpayers
In the past, the IRS has assigned verification numbers to victims of identity theft to file their tax returns, if requested by the victimized individual. These
Read → - January 24, 2021
Should You Charge Late Fees? QuickBooks Can Help
Do you have a lot of aging receivables? Assessing finance charges can speed up customer payments.
Read → - January 24, 2021
What Are the Tax Advantages of Home Ownership?
Housing is a big expense for everyone. The choice generally involves either renting or purchasing - and financing that purchase with a home loan. As of November
Read → - January 22, 2021
Video: COVID Tax Relief Act Updates
The recently released COVID Tax Relief Act provided more than extended unemployment relief and stimulus payments. See a summary of the benefits and if they appl
Read → - January 19, 2021
February 2021 Business Due Dates
Here are the February 2021 Business Due Dates.
Read → - January 19, 2021
February 2021 Individual Due Dates
Here are the February 2021 Individual Due Dates
Read → - January 18, 2021
5 Ways a Higher Credit Score Could Benefit You in 2021
Learn how a higher credit score can improve your finances in 2021.
Read → - January 18, 2021
Video: Second Round of PPP Loans Is Here
Congress has authorized a second draw for PPP loans. Watch this video for a short overview of what you can expect.
Read → - January 8, 2021
Video: How to Address Rising Tax Problems During COVID-19
The pandemic has led to some tax implications that people have not considered. Be prepared for some possible additional tax burdens when tax time comes.
Read → - January 6, 2021
Video: Tax Advantages of Home Ownership
Planning to buy your first home, upgrade from your existing one, or refinance your mortgage? Discover some tax advantages and drawbacks of homeownership.
Read → - December 28, 2020
How to Address Rising Tax Problems During COVID-19
This year might be the year that you need to bring in a tax professional to help address some of the tax challenges that COVID-19 has caused.
Read → - December 27, 2020
Didn't Get Your Economic Impact Payment? You Can Claim It on Your 2020 Return.
One of the more tax-troubling issues this year has been the distribution of what Congress referred to as the recovery rebates. You may know these payments as th
Read → - December 27, 2020
How to Create Recurring Transactions in QuickBooks Online
QuickBooks Online saves time and improves accounting accuracy in numerous ways. One example is its support for recurring transactions.
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