LATEST NEWS
Cost Segregation – How it works and when to use
Cost Segregation is one of the big words use by
Tax deadline for individuals moved to May 17, 2021
The Treasury Department and Internal Revenue Service announced yesterday that the federal income tax filing due date for
Unemployment benefits – First $10,200 will not be taxable if earnings under $150k
The American Rescue Plan includes a tax break for unemployed workers for the first $10,200 if the earnings
Philadelphia – Business support in the last year
The City of Philadelphia has wrote a post on how the different departments (Commerce, Revenue, etc.) have supported
Hospitality in Philadelphia and impacted by Covid 19? – Apply to the Chirp grant on Monday
Philadelphia County is receiving approximately $17 million in funding to provide grants to eligible businesses through this program.
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Excluded New Jerseyans Fund (ENJF) – $1k per individual for undocumented (ITIN), excluded individuals, etc.
New Jersey has a fund, called the Excluded New Jerseyans Fund (ENJF), that provides a one-time, direct cash benefit to eligible households
IRS provides tax inflation adjustments for tax year 2022
In the Issue Number: IR-2021-219, the IRS announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including
Closing your business? Communicate with tax authorities
If you are closing your business, you need to communicate to the tax authorities (Federal, State and local) which requires filing a



