What is a 1099? Businesses and Individuals Required to file Forms 1099 Due Date for Forms 1099 Information required to file a 1099 Electronic Filing Update – New IRS Portal… Read More »Filing 1099s in 2023 – Updates and New IRS Filing Portal
If you sold capital assets in 2022 and generated taxable capital gains, it’s a great time to consider harvesting your capital losses to reduce or eliminate the capital gains tax. Below are a few strategies to consider.
The U.S. Small Business Administration (SBA) has approved certain cities and states whose businesses have been negatively impacted by COVID-19 to be approved for the Economic Injury Disaster Loan. On… Read More »SBA Economic Injury Disaster Loan Application Process
With COVID-19 impacting the world economy, President Trump has made plans to help strengthen businesses. Small business loans will be available to eligible organizations negatively impacted by economic slowdown. The… Read More »COVID-19: Economic Impact and Government Relief
Whether you are trying to avoid an IRS audit, or have received a notice from the IRS, this guide contains helpful information: irsaudits2019 See also: New Tax Law. What’s Hot. What’s Not.… Read More »Avoiding and Navigating IRS Audits
Amnesty temporarily available. Texas taxpayers, now is the perfect time to get caught up on past due reports without incurring penalties or interest. From May 1, 2018 to June 29,… Read More »Penalty and Interest Relief Available from the Texas Comptroller for a Limited Time
Self-employed peeps, don’t forget to make your 2nd Quarter ES payment today. You can file electronically with a credit card by enrolling in the Electronic Federal Tax Payment System (EFTPS), or… Read More »2nd Quarter ES Payments Due Today
The DOL estimates that the new rule will extend the right to overtime pay to an estimated 4.2 million workers.~Mitzi E. Sullivan, CPA
“If your Texas business does not provide workers’ compensation insurance, remember to file your DWC Form-005 by April 30th to avoid penalties.”~Mitzi E. Sullivan, CPA
