228 Park Ave S. #94676, New York, NY 10003-1502

Category: Emerging Articles

Tax Day for individuals extended to May 17

Tax Day for individuals extended to May 17

The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17,…
Make the most of the Employee Retention Credit

Make the most of the Employee Retention Credit

The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic, has been with us for a year. But questions about it remain for many employers.…
PPP Application Deadline Extended

PPP Application Deadline Extended

President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP) application filing deadline from March 31, 2021, to May 31, 2021, thus providing potential PPP borrowers…
2021 Tax Calendar

2021 Tax Calendar

To help you make sure you don’t miss any important 2021 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know…
Accounting Firm Near Me

The SECURE Act Changes the Rules for Employers On Retirement Plans

With many of the provisions of the SECURE Act now in effect, do you know how they might affect your business?
Accounting Firm Near Me

2020 Tax Calendar Important Dates To Know

Reference this tax calendar to learn 2020 deadlines of various tax-related forms and payments.
Accounting Firm Near Me

It’s Time to File Your 2019 1099-Misc Forms

If you made payments to non-employees during the calendar year, you may be required to issue Form 1099 informational filings. The Internal Revenue Service requires that taxpayers engaged in a trade or business issue a…
Accounting Firm Near Me

Spending Bill Extends Tax Breaks, Adds Retirement Account Provisions

A year-end governmentwide spending bill includes the extensions of almost all of the tax “extenders.” It also introduces the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the first major retirement-related legislation since 2006.

IRS Updates Rules for Mileage-Related Deductions

Do you or your employees deduct transportation expenses for operating an automobile for business purposes? If so, learn about recent IRS guidance on optional standard mileage rates.
Accounting Firm Near Me

Factor 2020 Cost-of-Living Adjustments into Your Year-End Tax Planning

If you’re working on your year-end tax plan, you’d be wise to take these 2020 cost-of-living amounts into consideration.