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 [...]
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 [...]
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 [...]
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 has a solution for you. Tax Management offers a secure way to have your tax return prepared by a professional preparer without requiring you to [...]
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 [...]
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 [...]
Have you been paying more than $300.00 for small business partnership, s-corporation, or c-corporation tax preparation? If you answered yes, you have been paying to much. Tax Management & Financial Horizons offers a guaranteed not to exceed the price of $270.00 for small business partnership, s-corporation, and c-corporation tax returns! Does your accountant care about [...]
Under an updated contingency plan covering the upcoming filing season, the IRS is recalling 57% of its workforce to handle tax season duties. Temporary funding for the IRS for fiscal year 2019 expired at midnight on Dec. 21. Since then, the IRS has been operating under a contingency plan. That plan furloughed 88% of its workforce, and only [...]
IRS Accepts Between These Dates 1/21/19 - 1/25/19 1/28/19 - 2/1/19 2/4/19 - 2/8/19 2/11/19 - 2/15/19 2/18/19 - 2/22/19 2/25/19 - 3/1/19 3/4/19 - 3/8/19 3/11/19 - 3/15/19 3/18/19 - 3/22/19 3/25/19 - 3/29/19 4/1/19 - 4/5/19 4/8/19 - 4/12/19 4/15/19 - 4/19/19 4/22/19 - 4/26/19 4/29/19 - 5/3/19 5/6/19 - 5/10/19 5/13/19 - [...]
Did you pay more than $200.00 to file your tax return last year? If you have been paying more than $200.00 to file your tax return you have been paying too much! We offer ONE fixed price not to exceed $145.00 GUARANTEED. Have you been paying additional fees to have your tax preparation fees taken out [...]
