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Putting your kids on payroll for tax savings
If you are a business owner, it might be positive
Unemployment fraud and how to avoid identity theft
During the pandemic, the news and newspapers have reported billions of dollars stolen through unemployment fraud and identity
PPP forgiveness streamlined – Direct forgiveness option and Covid Revenue reduction score for 2nd round
The U.S. Small Business Administration (SBA) published new guidance in mid July 2021 designed to simplify and speed
Common questions about the advance child tax credit payments
In the COVID Tax Tip 2021-117, the IRS reminds and clarifies advance child tax credit information to the
CDC Founders First – $60k Grant for diverse small businesses in Philadelphia or New Jersey – Deadline 8/20/21
The CDC Founders First is awarding grants of $60K to 20 small businesses in Philadelphia/New Jersey. The program
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No more unannounced visits from the IRS
As announced in July 2023 and shared in the IRS Tax Tip 2023-98, the IRS will stop the unannounced visits. Note that
Less than a month to claim $1.5 billion in 2019 refunds
The IRS reminded taxpayers in mid June 2023 that the deadline to claim their 2019 refunds is approaching. The deadline is July
Do not underestimate IRS access to data (exception to requirement for third party summonses)
It is extremely important to keep in mind the full strength of the US government against the citizens, and in this case,