Mar 31, 2021 | News, Tax, Uncategorized
2020 Tax Date Delay and Unemployment Income Now Tax Free April 5, 2021 Individual tax filing due date: May 17, 2021 (was April 15, 2021) Unemployment income: $10,200 per person not subject to federal tax (was taxable) A surprise tax break for 2020...
Mar 29, 2021 | Tax, Uncategorized
Six Problematic Tax Topics March 29, 2021 Here are six tax topics that seem innocent but can cause problems if not handled correctly. 1. Gambling Winnings If you receive a tax form at a casino for your winnings, that information is sent to the tax...
Mar 23, 2021 | Uncategorized
Get Your Contractor or Employee Classification Right March 23, 2021 As a small business owner, you may face the issue of whether to classify workers as employees or as independent contractors. Classifying your workers as independent contractors generally...
Mar 18, 2021 | News, Uncategorized
The New World of Bank Reconciliations March 18, 2021 In a nutshell, a bank reconciliation ensures your account is accurate. This is done by comparing all your activity with what the bank is reporting. The Importance of Timely Bank Reconciliations There...
Mar 17, 2021 | Estate Planning, Estate Planning PENDING, Uncategorized
Dissecting the Contents of a Will March 22, 2021 Understanding the Basics Typically, a will begins with an introductory clause, identifying yourself along with where you reside (city, state, county, etc.). It should also state that this is your official...
Mar 9, 2021 | Estate Planning, Uncategorized
Take Control of Your Charitable Donations Using Restrictions March 9, 2021 Did you know that you can put restrictions on charitable donations you make through your estate? If you want the peace of mind that your donations are used to fulfill your...