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WHAT DO YOU DO IF YOU GET A STIMULUS CHECK THAT YOU SHOULD NOT RECEIVE.

2020-05-11T20:22:36+00:00

Who Needs to Return a Stimulus Payment The IRS says that a stimulus payment made to someone who died before receiving it should be returned to the government. The entire payment should be returned, unless it was made payable to joint filers and one spouse is still alive. In that case, you only need to return [...]

WHAT DO YOU DO IF YOU GET A STIMULUS CHECK THAT YOU SHOULD NOT RECEIVE.2020-05-11T20:22:36+00:00

ARE YOU PREPARED TO REOPEN YOUR BUSINESS

2020-05-10T15:39:30+00:00

When you are ready to reopen your business, you need to be aware of the legal ramifications of your actions.  We all want to protect or employees and customers to enable our businesses to recover from the Safer at Home Period.  The following is advice that  Catherine Tansey has prepared. Here’s what you can do to [...]

ARE YOU PREPARED TO REOPEN YOUR BUSINESS2020-05-10T15:39:30+00:00

WHAT IF I GET A LETTER FROM THE IRS DURING SHUTTER IN PLACE

2020-04-08T13:16:10+00:00

WHAT IF I GET A LETTER FROM THE IRS DURING SHUTTER IN PLACE The following was posted today by the AICPA Journal of Accountancy. Question Due to office shutdowns in major cities, taxpayers and tax preparers may not timely receive or respond to IRS communications/notices that are sent by mail. Will the IRS provide any relief [...]

WHAT IF I GET A LETTER FROM THE IRS DURING SHUTTER IN PLACE2020-04-08T13:16:10+00:00

COMPANIES GET TO DEFER PAYROLL TAX PAYMENTS UNDER CORONAVIRUS RELIEF BILL

2020-03-31T13:09:25+00:00

  The $2 trillion economic stimulus package that cleared Congress on Friday will let struggling companies defer paying the IRS a portion of payroll taxes. Workers’ share, however, would still be collected and passed on to Uncle Sam. Companies still will be withholding taxes from paychecks and remitting that to the IRS, but the employers half [...]

COMPANIES GET TO DEFER PAYROLL TAX PAYMENTS UNDER CORONAVIRUS RELIEF BILL2020-03-31T13:09:25+00:00

Two No Contact Ways We’re Helping You File Your Taxes This Year

2020-03-24T18:53:20+00:00

We are living in extraordinary and unsettling times. With the novel coronavirus (COVID-19) global pandemic still taking shape in Wisconsin and all of us experiencing dramatic changes to our daily lives, we wanted to let you know that the Tax Management family is thinking of you and hoping that your loved ones are safe and well. [...]

Two No Contact Ways We’re Helping You File Your Taxes This Year2020-03-24T18:53:20+00:00

ARE YOU WORRIED ABOUT ENCOUNTERING COVID-19 AND WORRIED ABOUT FILING YOUR INCOME TAXES?

2020-03-16T22:16:35+00:00

Has the information about COVID-19 and the recommendations to avoid public places and close contact causing you concern over filing your 2019 tax return and delaying obtaining your refund? Tax Management & Financial Horizons has a solution for you.  Tax Management offers a secure way to have your tax return prepared by a professional preparer without [...]

ARE YOU WORRIED ABOUT ENCOUNTERING COVID-19 AND WORRIED ABOUT FILING YOUR INCOME TAXES?2020-03-16T22:16:35+00:00

Volatility with your Investments

2020-03-16T16:12:30+00:00

 We are experiencing an unprecedented event in our lifetime. However, that does not mean that this event will take down the global economy. Certainly, we will find that we will likely fall into another recessionary period in the coming months.   I have lived through almost 50 years of economic cycles. My father worked in a [...]

Volatility with your Investments2020-03-16T16:12:30+00:00

Tax Savings for Small Businesses: Individual Coverage Health Reimbursement Arrangement (ICHRA)

2020-01-27T22:02:45+00:00

What are HRA accounts? Health Reimbursement Arrangements (HRAs) are a type of plan where employers reimburse employees for medical and insurance coverage expenses tax-free. There are 6 different HRAs available to cover the wide variance of business ownership, number of employees and circumstances. Each HRA has it’s unique-approved guidelines to fit the right situation. This article [...]

Tax Savings for Small Businesses: Individual Coverage Health Reimbursement Arrangement (ICHRA)2020-01-27T22:02:45+00:00

2020 IRS Refund Chart: When to Expect a Tax Refund

2020-01-27T21:53:38+00:00

One of the first and most frequent questions that tax preparers hear each year from their clients is: When will I get my tax refund from the IRS? We have the answer (estimated) in a simple chart below. The tax reform law that took effect in early 2018 will still have an effect on many Americans, with [...]

2020 IRS Refund Chart: When to Expect a Tax Refund2020-01-27T21:53:38+00:00

SMALL BUSINESS OWNERS: HAVE YOU EVER ASKED YOURSELF THE FOLLOWING QUESTIONS

2020-01-27T22:09:00+00:00

Small business owners, have you ever asked yourself the following questions: Should I Incorporate or form an LLC?  Should I form a C-Corp or an S-Corp? Which business structure will get me the most tax savings? And what about annual report filings? When and HOW do I file those? And how do I keep my company [...]

SMALL BUSINESS OWNERS: HAVE YOU EVER ASKED YOURSELF THE FOLLOWING QUESTIONS2020-01-27T22:09:00+00:00