by George Simpson | Nov 24, 2020 | Business News
What You Should Know About Tax Year 2021 With 2021 just around the corner, you need to know what to expect concerning 2021 taxes so you can establish a strategy that will minimize your tax liability for next year. Here are a few facts you need to know:The tax rate...
by George Simpson | Oct 28, 2020 | Business News
At What Age Should You Claim Your Social Security Benefits? Many clients ask us when they should start receiving their Social Security benefits. Unfortunately, there is no set answer. The key is to make an informed decision. Although you can start receiving benefits...
by George Simpson | Sep 30, 2020 | Business News
IRS Continues to Warn Taxpayers About COVID-19 Related Scams Since the outbreak of the coronavirus, the IRS Criminal Investigation Devision has uncovered a variety of frauds. Here are some types of scams they say to look out for, as well as tips to avoid falling...
by George Simpson | Aug 26, 2020 | Business News
IRS Extends Deadline For Investing in Qualified Opportunity Funds Due to COVID-19, the Internal Revenue Service has issued a notice that provides certain taxpayers an extended time to invest their capital gains into Qualified Opportunity Funds (QOFs). QOFs are...
by George Simpson | Jul 28, 2020 | Business News
PPP Loan Forgiveness On June 16, the Small Business Administration, with support from the Treasury Department, issued a revised application for the Paycheck Protection Program (PPP) Loan Forgiveness program. You can download the form from the Small Business...