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Month: August 2021

Here’s What Happened in the World of Small Business in August 2021

Here’s What Happened in the World of Small Business in August 2021
In this small business breakdown, we discuss important current events that are affecting small businesses across the United States. Here’s the top n…

Video Tip: Beware of Scammers and Fake Charities

Are you aware of phone scammers out there who claim they are from fake charity organizations, asking for donations from honest taxpayers? Watch this video to know what you should watch out for and how to protect yourself from scammers.

Oatly: A Shining Example of What an Entrepreneur Can Accomplish

Oatly: A Shining Example of What an Entrepreneur Can Accomplish
One reason Oatly became a success was because they focused on those who could advocate for them: baristas….

4 of the Most Common IRS Tax Problems

4 of the Most Common IRS Tax Problems
There are a variety of issues taxpayers can run into with the IRS. This breakdown discusses 4 of the most common tax problems that will cause you to r…

With the Potential Higher Capital Gains Rate Looming Interest in Opportunity Zone Funds Renews

With the Potential Higher Capital Gains Rate Looming Interest in Opportunity Zone Funds Renews
The U.S. Treasury recently released the Biden administration’s 2022 Fiscal Year Budget, that includes a general explanation of the administratio…

Small Businesses: Here’s How the U.S. Supreme Court Wayfair Decision Affects You

Small Businesses: Here's How the U.S. Supreme Court Wayfair Decision Affects You
The Supreme Court’s Wayfair decision in 2018 forever impacted the tax liabilities of businesses who sell across state lines….

Video Tip: A Quick Look into Higher Education Tax Credits

The cost for higher education is expensive, but it can be offset with federal tax credits. In this video, we will discuss the American opportunity tax credit (AOTC) and the lifetime learning credit (LLC).

Checklist: Managing Vacation Requests Post-Lockdown

Checklist: Managing Vacation Requests Post-Lockdown
During the height of the pandemic, many employees didn’t use much vacation time because of travel and other restrictions. Now that these restrictions …

Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party

Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party
The Internal Revenue Service (IRS) is reminding entities with Employer Identification Numbers (EINs) of their responsibility to update that informatio…

Tax Ramifications of Disposing of a Vehicle

Tax Ramifications of Disposing of a Vehicle
If you are buying a new car, are you wondering what to do with the old one? You actually have a number of options, some of which have tax implications…

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