One-Time HSA Contribution from your IRA
Many taxpayers are unaware of a rule that allows you a one-time contribution to ...
PPP Forgiveness Simplified for Loans $50,000 or less
The SBA released Form 3508S and Form 3508S Instructions, for borrowers with PPP ...
Social Security benefit increase for 2021
The Social Security Administration has announced Social Security benefits and Su ...
Tax Withholding Checkup
The Internal Revenue Service is reminding taxpayers that now is the perfect time ...
New 2020 IRS Form 1099-NEC for Independent Contractors
The IRS is reintroducing Form 1099-NEC for 2020 informational return filings. Th ...
Inherited IRAs
A significant number of Individual Retirement Accounts (IRA) tend to go to nonsp ...
Tax actions when closing your business
Closing a business is always a difficult decision regardless of the circumstance ...
Changes to Arizona TPT e-file requirements
Starting January 1, 2021, the transaction privilege tax (TPT) electronic filing ...
PPP Loan Forgiveness: What do borrowers do now?
As reflected in a recent AIPCA article, the only certainty in the six months sin ...
Is it a Charitable Contribution or a Business Expense?
Recently the IRS released final regulations updating guidance on payments to qua ...