TPT monthly and quarterly returns are due. Taxpayers can file now and schedule payments up until the deadline. The Arizona Department of Revenue (ADOR) reminds TPT (transaction privilege tax) filers that monthly and quarterly returns are due. Filing before the due date is highly encouraged in the event assistance is required. Avoid the worry and hassle […]
If you have a household employee
The Household Employee Problem. Nanny Tax. This often overlooked bookkeeping and payroll tax requirement can cause a tangle of tax problems if not handled correctly. It ended a run for Congress by Caroline Kennedy (JFK’s daughter) and killed a U.S. Attorney General nominee’s chances for appointment. Could you be impacted? This is what you need […]
Coronavirus (COVID-19) Legislation—Businesses
Coronavirus (COVID-19) Legislation for Businesses. Legislation for Businesses. Recent legislation, such as the Families First Coronavirus Response Act and the Coronavirus, Aid, Relief, and Economic Security (CARES) Act has provided some financial and tax relief for certain taxpayers. The following is a summary of some of the provisions. Filing and Payment Deadline The April 15, […]
There’s still time to apply for the PPP loan
There’s still time to apply for the PPP loan. If you have not applied for a small business Payroll Protection Program loan through your bank, you should still strongly consider doing so now. Important! PPP Loan Application NEW DEADLINE! August 8 – Paycheck Protection Program loan application deadline is now extended Must Read for Small […]
Keep track of business vehicle expenses
Are you asking yourself, How do I keep track of business vehicle expenses? Well you are in luck! We have listed 2 methods. You can use either of two methods to account for your deductible business use of a vehicle. 1. Actual expenses. The first and most cumbersome is to keep track of all your expenses, […]