A new presidency always comes with new policies around the tax code, and President Joe Biden entering office was no different. Biden's...

The unemployment rate in 2020 was 14.7% at its peak, second to only the Great Depression era. That left a whole lot of people needing to...

People jump for joy when they get their tax refunds, and why wouldn't you?! A check from the government is a great feeling. Especially...

Yes, you can. Hot Off The Press. New guidance was released by the IRS on a temporary exception that allows businesses to deduct 100% of...

The American Rescue Plan, enacted on March 11, 2021, excludes from your income up to $10,200 of unemployment compensation paid in 2020...

There is no hard and fast rules about your chart of accounts set by the IRS or any state government. Your Chart of Accounts for your...

The IRS just opened their doors to process tax returns on February 12th. This delay has me wondering if they will be able to finish...

As a small business owner, simply trying to stay compliant is a job in itself. To help you better understand common business expenses and...

Claiming the home office deduction is an important part of your tax strategy as a small business owner or if you are self-employed. If...

The IRS likes when you pay them. Plain and simple. For taxpayers who earn their income through a W2 job, they are automatically paying...

BY TAYLOR KARG Last year, approximately 54 percent of U.S. workers worked from home at least once a month and 48 percent at least once a...

You got the PPP money, now what? After receiving the money from your bank, you may be wondering, well now what? The answer is simple…...

Not sure what the CARES Act is? Read this first. Update @ 11AM CST, April 3rd. First, I'd like to declare that April 3rd be National...

On Thursday, the government reported that 3.3 million Americans applied for jobless benefits in a single week. Yes, you read that right....

No, you aren't imagining this. It's true. As part of the Tax Cuts and Jobs Act, entertainment expenses are no longer deductible against...

Hello everybody! For all of the employers out there, it is always a good idea at the beginning of every year to update your employees’...

Republicans in Congress released their final version of the Tax Cuts and Jobs Act (bill) last Friday. The more than 500 page bill cannot...

Yes. We're talking about taxes. I know this is nothing to stay up late for, but it's valuable information to know. A lot of my clients...

Ah tax reform. Gotta love it. A new President comes to town and has to radically change something, so why not change an already confusing...