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14
JUL
2020
Conduct a “paycheck checkup” to make sure your withholding is adequate

Conduct a “paycheck checkup” to make sure your withholding is adequate

A big tax bill or a large refund may mean you don’t have the correct amount of tax withheld from your paycheck. Here’s how to avoid this next year.
13
JUL
2020
Businesses: Get ready for the new Form 1099-NEC

Businesses: Get ready for the new Form 1099-NEC

A tax form that used to be filed back in the 1980s is coming back for 2020. Here’s what businesses need to know.
08
JUL
2020
6 key IT questions to ask in the new normal

6 key IT questions to ask in the new normal

The COVID-19 crisis has made business technology more important than ever. Here are six insightful questions to ask about your company’s IT strategy.
07
JUL
2020
After you file your tax return: 3 issues to consider

After you file your tax return: 3 issues to consider

Once your 2019 tax return has been filed, there still may be some issues to consider. We’re often asked about refund status, record retention and amended tax returns. Here are some answers.
06
JUL
2020
Steer clear of the Trust Fund Recovery Penalty

Steer clear of the Trust Fund Recovery Penalty

The “Trust Fund Recovery Penalty” is among the more dangerous tax penalties facing business owners and managers with employees. Here’s why.
01
JUL
2020
Assessing productivity as you cope with the pandemic

Assessing productivity as you cope with the pandemic

Have you considered how your business should measure employee productivity during the pandemic? It’s a tricky question that warrants a thoughtful approach.
30
JUN
2020
Some people are required to return Economic Impact Payments that were sent erroneously

Some people are required to return Economic Impact Payments that were sent erroneously

Millions of people have already received their Economic Impact Payments, which are being sent by the government to help mitigate the effects of COVID-19. In some cases, the payments should be returned.
29
JUN
2020
Haven’t filed your 2019 business tax return yet? There may be ways to chip away at your bill

Haven’t filed your 2019 business tax return yet? There may be ways to chip away at your bill

The CARES Act, which passed in 2020, includes some retroactive tax relief for businesses. Some provisions may be beneficial on a tax return that hasn’t been filed yet (or you may be able to take advantage of them on an amended return if you already filed).
24
JUN
2020
SBA reopens EIDL program to small businesses and nonprofits

SBA reopens EIDL program to small businesses and nonprofits

Small business owners: More COVID-19 relief now available! The SBA has reopened its Economic Injury Disaster Loan (EIDL) and EIDL Advance program.
22
JUN
2020
SMALL BUSINESS TAX BRIEF FOR JUNE 22

Launching a business? How to treat start-up expenses on your tax return

In the midst of the COVID-19 crisis, some entrepreneurs are kicking off new businesses. Here’s how start-up expenses must be handled on a federal tax return.