Feb.19, 2024
What’s the best accounting method route for business tax purposes?
Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have ...
Feb.12, 2024
The IRS Issues Extensions for Parts of WV
On Friday, February 9, 2024, the IRS issued a notice that provides an extension of time for filing and paying taxes for ...
Feb.9, 2024
9 tax considerations if you’re starting a business as a sole proprietor
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a so...
Feb.7, 2024
Filing jointly or separately as a married couple: What’s the difference?
When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduct...
Feb.1, 2024
Update on IRS efforts to combat questionable Employee Retention Tax Credit claims
The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credi...
Jan.30, 2024
If you gave to charity in 2023, check to see that you have substantiation
Did you donate to charity last year? Acknowledgment letters from the charities you gave to may have already shown up in ...