Great. One more tax to pay. But this one can save you money. Let us help make it easy… complete with pictures.
Small Business Owner (SBO)
The Employee Retention Tax Credit (ERTC for short, ERC for even shorter) is coming around for its sequel.
What could Buddhism possibly have to do with an accounting and advisory business? Quite a bit actually, and really all business.
The IRS has released its statistics from 2019 filed tax returns… great, maybe now they can start answering the phone.
This is interesting data and will be utilized for all kinds of important matters, such as: census data, political wrangling, arguments for/ against income inequality, arguments for/ against “paying their fair share”, informing tax policy and enforcement matters, and measuring contests… to name just a few.
What’s the breakdown? Keep going and find out!
A pragmatic person may ask “How is this going to get paid for?”… drumroll please… TAXES!
By far, the number one question we hear, typically thrown out in almost “hey why not” fashion, is: “What can I do to pay less in tax?”
With labor the incredible challenge that it is, and the evolution of the employer / employee relationship – what are some of the causes of how we got here and what are some considerations for employers.
This is not a drill! We cover all the recent updates and new information regarding tax deadline shifts – what is included and what is not, the second draw opportunity for the Paycheck Protection Program and the targeted EIDL advance application.
Email isn’t going away anytime soon; it will continue to reign supreme in the business hierarchy of communication for quite some time, so we must find a way to make it work for us, rather than dictate our work.
So, what was in the bill? It was a quick 600+ pages of dolling out dollars!
Beyond having a great idea, product, or service; beyond being able to lead a team; beyond being able to get your message out and generate attention; beyond doing the work… your business needs cash!