Blog & News

Everyone is responsible for their own money at some point in their life. In order to have your affairs in order early in life, it is important to create a financial plan. This allows you to be sure your finances are settled for the future. Continue reading below to learn more about what everyone should […]

Instead of in-person audits with an IRS agent, many routine reviews are being handled through form letters. These are known as correspondence audits. The IRS uses these letters as a means to ask for clarification and justification of certain deductions on a person’s tax return. These are commonly seen in the event of large charitable […]

The U.S. Senate passed the House version of Paycheck Protection Program (PPP) legislation Wednesday night, tripling the time allotted for small businesses and other PPP loan recipients to spend the funds and still qualify for forgiveness of the loans. The bill passed in a unanimous voice vote hours after Wisconsin Sen. Ron Johnson initially blocked […]

The COVID-19 pandemic caused many businesses to temporarily close for a significant period of time. This has caused a great deal of financial stress. In order to survive this time and continue to thrive as a business, there are many steps that must be taken. The following are five important tasks to help you do […]

Many people keep a savings account to manage their finances. Generally speaking, banks in the United States only allowed a limit of six transfers or withdrawals per month from a savings account. Once the limit was reached, individuals could only access their funds through ATM or branch visits. However, the Federal Reserve Board announced an […]

Under the new life circumstances of the Coronavirus, there are many people and small businesses struggling. It is because of this that the Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a stimulus bill that includes a loan program for small businesses to help them during this time. This is known ass […]

You can take an extra Ninety (90) days to file your tax return amid coronavirus outbreak Taxpayers can take some extra time to get their tax returns to the Internal Revenue Service as the nation copes with the spreading coronavirus. Treasury Secretary Steven Mnuchin said during the administration’s daily coronavirus briefing that taxpayers can defer filing […]

Taking care of your finances is one of the most important ongoing tasks a person has throughout their life. Once a year, it is beneficial to take the necessary time to get your financial documents in order as well as update the ones you currently already have. In doing so, there are certain basic financial […]

There are a variety of different taxes that are imposed by the United States government that must be paid by those who are employed. This can often become overwhelming to understand, which is why it can be beneficial to retain the services of an experienced certified public accountant and consultant for guidance in understanding these […]