The American Rescue Plan Act of 2021 (ARPA) signed into law on March 11, 2021 by President Biden contains numerous tax provisions which may affect your taxes in 2020 and 2021. We’ll provide a general recap of some of the major changes in this article. Recovery Rebate The biggest news for taxpayers is a stimulus […]
Many clients are asking us about whether their taxes will go up now that there will be a change in Presidents in January. The short answer is no. A US President does NOT have the power to raise or lower taxes. Period. That power is reserved for the legislative branch of the government. Only Congress […]
With an alarming increase in scams, cybercrimes, and other fraud schemes, we all need to be extra diligent in our actions to protect our businesses, our computers, our children, and ourselves. Here are some things we need to watch out for and how to stay safe. Virtual Environment Exploits A record number of people are […]
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed into law, and one part of it includes two loan programs for small businesses.
The Families First Coronavirus Response Act was passed on March 18, 2020 and contains several provisions that affect private businesses with fewer than 500 employees and all public employers. It goes into effect April 2, 2020.
Our team is proud to present a quarterly event titled “Women, Wealth and Wellness.” Our goal is to share with our community strategies for growing in wealth and wellness, while also connecting with each other. These events are all free, and you are welcome to invite friends. In fact, bringing friends is encouraged! All we […]
In December of 2017, President Trump signed into law a bill which was originally titled the ‘Tax Cuts and Jobs Act’, but which underwent a name change during its journey through Congress. It is considered to be the most comprehensive change to tax laws in more than three decades, and most of its provisions went […]
Are you planning to donate to charitable organizations this holiday season? Here are a few things to know about charitable donations from a tax standpoint this year.
Entrepreneurs are a rare group who have a passion for innovation, a knack for creativity, and aren’t afraid to dive into ideas that can change the world. Whether you’re starting an industry disrupting business or developing the latest and greatest app, entrepreneurs of all kinds have a myriad of things to do in order to […]
For experienced business owners and entrepreneurs alike, accounting can be complicated. Here are a few FAQ’s answered to help you keep your finances in order and avoid common accounting pitfalls.