Historic Tax Cuts Fuel Growth and Opportunity for Small Businesses

Historic Tax Cuts Fuel Growth and Opportunity for Small Businesses

President Trump’s latest signing of a large fine bill promises to re-regulate the economic landscape for small businesses (SBA) administrator. Welfare is designed for “sparks. Any changes in the United States using almost half of all employees, which affect their financial outlook attract attention. A great beautiful bill has basic components aimed at creating a … Read more

Thinking of buying an EV? Your tax credit window is closing

Thinking of buying an EV? Your tax credit window is closing

To buy or rent an electric vehicle (home) will no longer come with a federal tax credit. On Thursday, Congress approved the legislation called Trump’s “Big, Fine”. The bill will give tax breaks to corporations and reduces costs at Medicaid $ 4.2 trillion. After the Trump signed the law on July 4, EVS will end … Read more

Getting Ready for Payroll and Other Tax Reporting

businesswoman with tax report at office

Key Takeaways Importance of Compliance: Understanding payroll and tax reporting obligations is critical for small businesses to avoid penalties and maintain financial health. Accurate Reporting: Precision in payroll tax calculations and timely submission of forms like W-2 and 1099 are essential to prevent costly mistakes. Common Challenges: Small business owners often struggle with tax compliance … Read more

Why New Tax Rules Could Be a Game Changer for Your Business

Why New Tax Rules Could Be a Game Changer for Your Business

The opinions of the entrepreneur are expressed. No entrepreneur wants a surprise tax account – especially when each dollar is important for growth. Staying before the change of tax policy is one of the smartest ways to protect your subline and prevent disruption. Now the Congress, which is now considering a great beautiful law, is … Read more

Sovos and Shopify Team Up to Automate Sales Tax Filing for U.S. Merchants

Sovos and Shopify Team Up to Automate Sales Tax Filing for U.S. Merchants

Sovos announced a new partnership with the seller aimed at easing the download of sales for online merchants. Cooperation, using the purchase tax, provides a feature of the preparation of sales tax returns for shopping tax using the purchase tax, automating tax returns. The partnership unites the sale of the Sovi and the merchants that … Read more

Trump’s budget bill touts ‘no tax on overtime.’ But he just made it harder for millions to earn overtime in the first place

Trump’s budget bill touts ‘no tax on overtime.’ But he just made it harder for millions to earn overtime in the first place

President Donald is one of the most prominent features of Trump, the “Great Beautiful Bill Project” of the house before Thursday, is a number of tax-fired recommendations, time and social security tax reduction. White House, Taxes and Taxes on Time and Recommendations are not given the taxes of the President of the President of the … Read more

IRS Grants Tax Relief to All Arkansas Residents Following April Storms

IRS Grants Tax Relief to All Arkansas Residents Following April Storms

The Internal Revenue Service (IRS) announced on Monday, Severe Storms, Tornado and Flood 2 April 2025, now in accordance with the Federal Taxation relief. As part of this relief, the pre-planned tax deadline was postponed until November 3, 2025. The tax relief, the Federal Ambulance Management Agency (Festa), as a disaster, refers to 75 countries … Read more

San Diego Restaurant Owner Sentenced to Over Three Years for COVID-19 and Tax Fraud

San Diego Restaurant Owner Sentenced to Over Three Years for COVID-19 and Tax Fraud

San Diego restaurant owner, Covid-19 was sentenced to 42 months in prison for deceiving relief programs and giving fake tax returns. Leronce Suel, Rockstar Dough LLC and Chicken Feed LLC, in San Diego region, managed restaurants, including TrueCar merchants in the North Park neighborhood. According to the proofs presented in court and the evidence of … Read more

IRS Reminds Disaster Victims in 12 States of May 1 Tax Deadline

IRS Reminds Disaster Victims in 12 States of May 1 Tax Deadline

The internal income service has issued a reminder on Thursday that in the area of ​​the disasters announced by a certain disaster until May 1, 2025 to submit 2024 federal income tax returns and tax payments. The automatic extension belongs to taxpayers in the parts of the twelve countries affected by federal disasters in 2024. … Read more