by Jennifer Capezzuto Stott | Mar 15, 2021 | Blog, Tax
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...
by Jennifer Capezzuto Stott | Feb 8, 2021 | Blog, Business Tips, Tax
The Employee Retention Credit is one of the many IRS tax breaks for businesses that was included in the 2020 CARES Act as well as the recent Consolidated Appropriations Act, 2021. The goal of the credit is to provide financial relief to businesses that suffered from...
by Jennifer Capezzuto Stott | Jun 2, 2020 | Tax, Tax Resolution
Are you behind on filing your federal income tax return or paying your federal IRS taxes in the last year or more? If so, you’re not alone. More than 22 million taxpayers in the U.S. have either failed to file a tax return or are behind in paying their IRS taxes due,...
by Jennifer Capezzuto Stott | Feb 13, 2020 | Accounting, Bookkeeping, Business Tips, Tax
You might wonder why there are so many extra tasks at year-end. While the government requires much of the work, there is clean-up work and adjustments that need to be done to make the books accurate. It’s not always cost-effective to perform all of these updates...
by Jennifer Capezzuto Stott | Jan 18, 2018 | Tax
Tax time is probably not your favorite time of year, especially if you have to pay the government your hard-earned dollars. Here are five tips on how we can make it just a bit less painful. 1. Have patience. Practicing patience will go a long way when you’re dealing...
by Jennifer Capezzuto Stott | Dec 7, 2017 | Business Tips, Tax
Year-end is just around the corner, and that means a couple of administrative tasks are necessary to take care of bookkeeping and tax chores. Here are a couple of tips to make year-end go smoother. Cleaning up Things will go a lot smoother if you reach out to your...
