Small-Business Tax Changes and Tips to Know in 2023
Working with a tax professional can help you understand what tax credits you qualify for and how to claim them. Tax season brings rule changes for business owners, and this year is no different.
Key Tax Credits Can Help Automation Businesses Get Ahead
With the start of another tax season, businesses in the automation and manufacturing industries are forced to evaluate how persisting economic and industry trends have impacted their profit margins and viability.
IRS Warning on pop-up ERC Shops
Getting refunds on your taxes can be exciting but waiting for your refund is a different matter. Whether you are a seasoned attorney with years of experience or you are submitting your taxes for the first time, the IRS refund process can seem slow. So what can you do about it?
Caution: Top 5 Employee Retention Credit Mistakes to Avoid
Last year, I published a piece about the top myths regarding the Employee Retention Credit (ERC) that was preventing business owners, charity managers and Indian tribes from claiming this important tax incentive.
Having trouble choosing an ERC provider? Top 5 Questions you should be asking
Getting refunds on your taxes can be exciting but waiting for your refund is a different matter. Whether you are a seasoned attorney with years of experience or you are submitting your taxes for the first time, the IRS refund process can seem slow. So what can you do about it?
Are Home Care Agencies Getting the Most Out of the Employee Retention Credit?
It’s well known that home care providers are prime candidates for claiming the Employee Retention Credit (“ERC”), which was enacted by Congress to reward businesses for their efforts to keep employees on payroll during the pandemic. But is your credit provider doing things the right way or just telling you a number to write on your tax form?
Can You Qualify for Both PPP and ERC?
Along with PPP, the most critical stimulus relief provided by the government was the Employee Retention Credit (ERC) which can deliver seven-figure cash refunds to business owners. Now both can be claimed together.
Congress And IRS Need To Focus On Those Backlogged Employee Retention Credit Claims
The Employee Retention Credit (ERC) remains one of the best tax benefits out there for small and medium business – as well as tax-exempt entities – to keep doors open and employees on payroll during this difficult economy.
A Guide to Understanding Employee Retention Credits
The last two years have forced many beloved restaurants to shut down or drastically reduce their customer capacity and services due to federal, state, or local government-mandated closures. Washington, recognizing the hardships these establishments have faced, has passed legislation to help address the cost of these operational adjustments to COVID orders.
Dean Zerbe in PoliticoPro’s Morning Tax Report
It’s no exaggeration to say that the nonprofit sector is revved up for this morning’s hearing. Hearings don’t frequently move the needle for lawmakers — far from it.