The Employee Retention Credit (ERC) was included as part of the CARES Act of 2020. It encouraged business owners to keep employees on the payroll by providing them with a refundable tax credit for eligible employee wages paid. This credit was available in both 2020...
When you’re an employee for a company, paying your income taxes is relatively straightforward; the majority of what you owe is pulled directly from your paycheck, and you don’t have to pay too much attention to the issue until it’s tax season. However, if you’re...
Tax laws change almost every year. However, most people hardly notice the change, and the impact on their taxes are minimal. If you want to be more proactive about planning for your taxes so that you can save more with each return, we encourage you to stay aware of...
Most people don’t intend to fall behind on their taxes. It often happens when the tax deadline sneaks up on them, and far too soon, they find themselves scrambling to not only pay their tax debt, but the compounding fees and interest as well. This can cause the debt...
Government contracting presents a world of potential for ambitious business owners seeking high-paying and consistent contract work. With federal and local governments serving as major buyers of goods and services, contractors who establish strong relationships and...
When you’re just starting out with building your business, it’s not uncommon to manage your own accounts. After all, when you’re the only employee, you only have a handful of clients paying you each month, and you only have one account to keep track of, bookkeeping...
