ChrisRely

October 6, 2020

Missing Out on the Earned Income Tax Credit?

Article Highlights: Earned Income Tax Credit Refundable Tax Credit Qualifications Special Rule for Military The EITC is for people who work but have lower incomes. If […]
September 29, 2020

Watch Out for Tax Penalties

Article Highlights: Underpayment of Estimated Tax and Withholding Penalty Required Minimum Distribution Penalty Late Filing Penalty Late Payment Penalty Negligence Penalty Fraud Penalty Dishonored Check Penalty […]
September 15, 2020

Wealth Transition and Succession Planning: Best Practices for Businesses During COVID-19

Regardless of the type of business you’re running, it’s safe to say that you’ve likely already been impacted by the ongoing COVID-19 pandemic that is making […]
September 10, 2020

Thinking of Dumping Old Tax Records?

Article Highlights: General statute is 3 years Some states are longer Fraud, failure to file and other issues can extend the statute Records to dump Record […]
September 1, 2020

Don’t Ignore Household Employee Payroll Tax Rules

Article Highlights: Household Employees Tax Avoidance Filing 1099s Correct Procedures W-2s, Payroll Taxes and Reporting Overtime Hourly Pay Or Salary Separate Payrolls If you hire a […]
August 27, 2020

What President Trump’s Executive Order Means for You

We are still waiting for the dust to settle on what President Trump’s executive orders mean for taxpayers and business owners. There is a lot of […]
August 25, 2020

What Are the Tax Plans of the Major Parties’ Presidential Candidates?

Article Highlights: Tax Issues Current Law Trump Proposals Biden Proposals As the November elections approach, you might want to know what the two front-running presidential candidates’ […]
August 11, 2020

Did You Overlook Something on a Prior Tax Return?

Article Highlights: Repercussions of Incorrect Tax Returns Filing Amended Returns Statute of Limitations for Refunds Potential of Audit It is not uncommon to discover that an […]
Free Quote