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STEPS YOUR BUSINESS CAN TAKE TO SURVIVE A RECESSION

According to one recent study, there is a 96% chance that the United States will experience some form of economic recession within the next 12 months. If you needed a single statistic to underline the importance of planning ahead when it comes to your business, let it...

IRS PLANS ON TARGETING ABUSIVE ERTC CLAIMS

Article Highlights: Television Promotions Payroll Tax Credit Applicable Years Qualifications Business Operations Curtailed Significant Decline in Gross Receipts Potential Abuse Have you seen those ads on television or received email solicitations promoting a large tax...

DECEMBER 2022 BUSINESS DUE DATES

December 1 – Employers During December, ask employees whose withholding allowances will be different in 2023 to fill out a new Form W4 or Form W4(SP). December 15 – Social Security, Medicare and Withheld Income Tax If the monthly deposit rule applies,...

DECEMBER 2022 INDIVIDUAL DUE DATES

December 1 – Time for Year-End Tax Planning December is the month to take final actions that can affect your tax result for 2022. Taxpayers with substantial increases or decreases in income, changes in marital status or dependent status, and those who sold...