return

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 final tax return, pay any liabilities to employees or vendors, pay any taxes outstanding, etc. Additionally, you need to keep the business records for a few years based on the period of limitations

By |2025-01-07T08:14:28+00:00November 7th, 2021|Categories: Business|Tags: , , , , , , , , , , |

Considering amending your tax return?

Should You Amend Your Tax Return? What Business Owners Need to Know (CPA Guide) Filing taxes is complex, and mistakes can happen. If you're considering amending your tax return, it's important to understand when it's necessary and how it may affect your financial situation. When You Should Amend Your Tax Return Missing or incorrect income

NJ Return and earn – $500 bonus and up to $10k

New Jersey will offer $500 return-to-work bonuses for unemployed residents in their first paycheck after hiring and employers will be eligible for up to $10,000 in wage subsidies to hire and train new workers, Gov. Phil Murphy announced on 9/27/2021. The return and earn program is directed to businesses with 100 or fewer employees and

By |2025-01-11T09:51:29+00:00October 6th, 2021|Categories: Business|Tags: , , , , , , , |
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