Monthly Archives: July 2022
Tax Benefits For Small Businesses In 2022
Small business owners always qualify for a few specific tax benefits. However, for 2022, some of these benefits have been expanded. Some small business owners, for instance, could now be eligible for an enhanced 100 percent deduction for business meals. This is only one of the many tax benefits that small business owners could… Read More »
Preparing For A Natural Disaster
As we officially enter the summer months, Florida residents may want to reconsider either creating or reviewing their emergency preparedness plans, which includes taking steps to protect important tax-related information. Given the impact of hurricanes, tropical storms, flooding, land and mudslides, and winter storms on Florida over the last few years, there is no… Read More »
Reporting Payroll Taxes
All employers must pay a payroll tax, either on their own after purchasing IRS-approved software, or with the help of a tax professional. Failing to fulfill this obligation can have significant repercussions, including the accrual of fines and fees, making it especially important for business owners to have a thorough grasp of their tax-related… Read More »
Do You Still Need To File Your Taxes?
The tax filing deadline for most individuals was in mid-April. Fortunately, those who were unable to meet that deadline can still file their taxes without accruing major penalties. Technically, those who requested an extension have until October to file, but are not barred from doing so earlier, which has a number of benefits. The… Read More »
Taxpayers Should Consider Checking Their Federal Withholding
Most taxpayers are encouraged to review their federal tax withholding at least once a year to ensure that too much or too little tax isn’t being kept aside. There are, however, certain employees who should be extra diligent in double checking their withholding. For help determining whether you fall under this category, don’t hesitate… Read More »
