If you have not received your stimulus for Rd 3, you now have the ability to look online to see the date it should be sent to you. The newest legislation also affects many taxpayers. Unemployment for people earning less than 150K in 2020 will receive a deduction in income on the first $10,200 of unemployment income.
In addition, all premium tax credit penalties for earning too much are eliminated. If you have already filed, the IRS will be internally fixing those returns and sending additional funds to any affected taxpayers. Please be patient as this may take them some time to fix. Locally owned and operated since 1993.
In addition, all premium tax credit penalties for earning too much are eliminated. If you have already filed, the IRS will be internally fixing those returns and sending additional funds to any affected taxpayers. Please be patient as this may take them some time to fix. Locally owned and operated since 1993.
Services
Small business tax return preparation and filing instructions is a core service offered to our clients. Whether your company is a C corporation, S Corp, Limited Liability Company, Partnership or Sole Proprietor a properly prepared tax return can be filed to minimize the tax owed. Over the years, 100's of small business Federal and State tax returns have been prepared for contractors, restaurants, truck drivers, daycares, and online retailers.
Total payroll services for small business clients have been provided for many years. Services include: Set up and maintenance of all records, time card tabulations, withholdings of tax and benefit contributions, Federal and State tax filings and deposits, issuance of checks and preparation of all W-2's and 1099 forms.
Tax planning and tax forecasting services for individual and small business clients is a core competency of the firm. Effective tax minimization begins with long-term tax strategizing to establish overall objectives and is maintained with conscientious and consistent annual tax forecasting and mid-year tax planning.
