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Who in a small business can be hit with the “Trust Fund Recovery Penalty?”

Who in a small business can be hit with the “Trust Fund Recovery Penalty?”

July 14, 2021

The IRS will impose the “Trust Fund Recovery Penalty” on certain business owners and managers personally if employment taxes aren’t paid to the government. Find out if you could be liable.

Retiring soon? 4 tax issues you may face

Retiring soon? 4 tax issues you may face

June 8, 2021

Tax planning is still important after you retire. Here are some of the tax implications of retirement.

Recordkeeping DOs and DON’Ts for business meal and vehicle expenses

Recordkeeping DOs and DON’Ts for business meal and vehicle expenses

June 7, 2021

Keeping meticulous business records for meal and vehicle expenses can protect your tax deductions. Here are some DOs and DON’Ts.

Still have questions after you file your tax return?

Still have questions after you file your tax return?

May 18, 2021

Congratulations if you filed your 2020 tax return by the May 17 deadline. But you may still have questions. We’re often asked about refund status, record retention and amended tax returns. Here are some answers.

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