We will be transitioning to a new portal called Client Center. Client Center is a secure web portal that will be used to easily exchange files and communications (tax questions, e-signatures, supporting documents and tax returns) between our Accounting/Tax team …
Fall Tax Planning May Be Wise
Taxes are like vehicles in that they sometimes need a periodic check-up to make sure they are performing as expected, and if ignored, can cost you money. That is true of taxes as well, especially for 2021, as the pandemic …
October Extended Due Date Just Around the Corner
The normal April 15, 2021 filing deadline for 2020 individual tax returns was extended by the IRS to May 17, 2021 due to the continuing Covid-19 pandemic. If you could not complete your 2020 tax return by May 17 and …
BizWest NOTABLE WOMEN ACCOUNTING – Melissa Clary
Melissa Clary Key 2 Accounting Owner Years in industry: 23 College, University: Colorado State University Melissa Clary has been self employed since 2005 and is the former owner of Kruger and Clary, CPAs. She decided to branch out …
Small Businesses: Here’s How the U.S. Supreme Court Wayfair Decision Affects You
If you are a small business owner, chances are good you’re paying more attention to your accounts receivables and deliverables than to a three-year-old Supreme Court decision. But knowing what happened in the Wayfair decision on June 21st of 2018 …
Mid-Year Tax Planning Checklist
All too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss opportunities that could reduce their tax liability or financially assist them. Mid-year is the perfect time for tax planning. The …
Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party
The Internal Revenue Service (IRS) is reminding entities with Employer Identification Numbers (EINs) of their responsibility to update that information whenever the contact information or responsible party changes. IRS regulations require EIN holders to update responsible party information within 60 …
Consumers Lost Over $500 million Due to Covid-related Fraud
It will be many years before we have a full understanding of what COVID-19 cost us as a society. But as that information is incrementally collected and released, we’re starting to see the picture take shape. One of the most …
New Client Portals Are Coming!
We are making some changes with our tax software and will be using a different platform. This new platform will cause an update to our client portals. We will be sending out registration emails in the next couple of months. …
35 Million: The Total Backlog of Tax Returns The IRS Had At The End Of Tax Season
The Internal Revenue Service has released a midyear report to Congress that details a significant backlog of tax returns dating back to the end of tax filing season, and many of those returns have yet to be processed. While backlogs …