IRS Letter About Advanced Child Tax Credits

The IRS announced that it will be sending out letters to everyone who received advance Child Tax Credit payments. Please be on the lookout for this letter and DO NOT throw it away. IRS Letter 6419 will go out January 19, 2022.  It will show the total amount of advance...

43 Life Events That May Affect Your Taxes and Accounting

Your tax professional will ask you about what’s happening in your life, whether in the form of an interview, intake form, or annual tax organizer. Please know they are not being overly nosy! They need to know when life events occur because they often make a difference...

Why Filing an Extension for Your Taxes Is a Good Thing

This year, a record number of tax returns will be put on extension, and yours might be one of them. Having your return go on extension makes some taxpayers fearful and even angry.  There are a lot of things to worry about in life, but filing a tax extension is not one...

Shuttered Venue Operators Grant Program

Finally, the Small Business Administration (SBA) is about to open the application portal for the long-awaited Shuttered Venue Operators Grant (SVOG) Program, which is designed to help entertainment venues and cultural institutions weather the pandemic...