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 Brian Hare, CPA, CGMA | Jul 13, 2022 | Tax
Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, including taking care of the various tax responsibilities that must be met. Of course, a business must file a final income...
by Paula Kennedy, EA | May 3, 2022 | Business
The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records. These CP2100 and CP2100A notices are sent by the IRS twice a year to payers who filed...
by Paula Kennedy, EA | Jan 5, 2022 | Tax
The number of people engaged in the “gig workers” or sharing economy has grown in recent years. In an August 2021 survey, the Pew Research Center found that 16% of Americans have earned money at some time through online gig platforms. This includes providing car...
by Paula Kennedy, EA | May 11, 2021 | Tax
Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several reports. And reductions in working hours during the pandemic have caused even more people to turn to gig work to make up lost income....