by Megan Kosciolek, MST | Dec 4, 2022 | Blog, Business, Tax
Businesses shut down for many reasons. Some of the reasons that businesses shutter their doors: An owner retirement, A lease expiration, Staffing shortages, Partner conflicts Increased supply costs. If you’ve decided to close your business, we’re here to assist you in...
by Megan Kosciolek, MST | Nov 9, 2022 | Blog, Tax
The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than you were last year. Are you wondering how high inflation will affect your federal income tax bill for 2023? The IRS recently announced next year’s...
by Megan Kosciolek, MST | Oct 10, 2022 | Blog, Business, Tax
IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation if your return is among those selected to be examined. Plus, the IRS recently received additional funding in the Inflation...
by Megan Kosciolek, MST | Oct 1, 2022 | Blog, Business, Tax
In today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and should be aware that the WOTC is available to employers that hire workers from targeted groups who face significant barriers to...
by Megan Kosciolek, MST | Aug 4, 2022 | Tax
When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so that this doesn’t happen again next year. You might even want to adjust your withholding if you got a big refund. Receiving a tax...