RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Apr 2021 09:00:00 -0500 Thu, 01 Apr 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 PPP Loan Deadline Extended Through May 31 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 Highlights of the American Rescue Plan Act Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 Federal Tax Deadline Extended To May 17 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 Economic Impact Payments: Round Three Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 Tax Breaks for Families With Children If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 Small Business Tax Roundup In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 Renting Out a Second Home Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 Capital Gains Tax on Sale of Stocks If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 Avoiding an IRS Tax Audit With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 How to make travel deductible for Business How to legally deduct your travel for business Thu, 21 Nov 2013 09:00:00 -0600 Fiscal Cliff Tax Bill Details This may be more than you wanted to know, but it's a pretty good summary of the tax impacts of the recent "fiscal cliff" deal. Mon, 07 Jan 2013 09:00:00 -0600 Quick Easy Checklist for Year-End Taxes Thu, 05 Jan 2012 09:00:00 -0600 Critical Year-End Tax Issues for Small Businesses Fri, 30 Dec 2011 09:00:00 -0600 New Idaho Unemployment Law: Some Bad News, and some Good News Tue, 21 Jun 2011 09:00:00 -0500 Understanding Business Entity Types Thu, 21 Apr 2011 09:00:00 -0500 Using your Car for Business? Grab These Deductions Tue, 22 Mar 2011 09:00:00 -0500 What Should I keep in order to Prepare my Taxes? Tue, 01 Mar 2011 09:00:00 -0600 Getting Paid on Time Tue, 15 Feb 2011 09:00:00 -0600 Higher Education Credits Mon, 07 Feb 2011 09:00:00 -0600 Depreciation: New & Improved Rules, and What it Means for your Business Mon, 31 Jan 2011 09:00:00 -0600 How to Deduct Mixed-Use Expenses: As seen in the CDA Press 1/23/11 Mon, 24 Jan 2011 09:00:00 -0600 The Business Owner's Challenge Mon, 17 Jan 2011 09:00:00 -0600 Do I have to keep THIS?!? 1/ 9/11 Mon, 10 Jan 2011 09:00:00 -0600 Tax Tips - as published in the CDA Press on Sunday, 1/2/2011 Mon, 03 Jan 2011 09:00:00 -0600 The new 1099 form "Disaster in Waiting" Tue, 30 Nov 2010 09:00:00 -0600 I Just Converted my Traditional IRA to a Roth I Converted my Traditional IRA to a Roth today. Wed, 25 Aug 2010 09:00:00 -0500 The Importance of Offsite Backups Backing up your QuickBooks file and other critical business and financial data is critical. It can also be simple, quick and painless. Thu, 22 Jul 2010 09:00:00 -0500 Employer Tax Savings from HIRE Act Please contact us if you have additional questions! Tue, 15 Jun 2010 09:00:00 -0500 Our New "Groups" Page on Facebook If you're a business owner, and you're on Facebook, we have a group for you! It's North Idaho Business Owners. Please check it out. We will regularly update with relevant information and news. Tue, 01 Sep 2009 09:00:00 -0500 The Secret to Saving Money Tue, 04 Aug 2009 09:00:00 -0500 Outsource your payroll &/or bookkeeping tasks today, along with the associated STRESS!! Keeping up on payroll and bookkeeping tasks is a lot of work, not to mention stressful. Outsource today! We make the process simple and painless! Thu, 02 Jul 2009 09:00:00 -0500 Useful Info, news, tidbits, etc. Wed, 17 Jun 2009 09:00:00 -0500 Deducting Travel Expenses for Business Wed, 17 Jun 2009 09:00:00 -0500