IRS to Recalculate Taxes on Unemployment Benefits; Refunds to Start in May

To help taxpayers, the IRS announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax returns reporting unemployment compensation before the recent changes made by the American Rescue Plan. The legislation, signed on March 11, allows taxpayers who earned less than $150,000 in modified […]

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Why Restaurant Owners Should Consider Hiring a CPA for Accounting Services

There are few businesses that deserve more respect than restaurants, especially in these unprecedented times. Through the pandemic, restaurant owners have grappled with hurdle after hurdle, and though over the summer there appeared to be a light at the end of the tunnel, this is no longer the case as COVID cases skyrocket to numbers […]

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