The IRS recently extended the tax filing deadline for individuals. These extensions will make filing taxes easier for individuals, and if you’re eligible you’ll have a little extra breathing room to finalize your taxes. Although there are extensions in the tax deadline for some taxpayers, other taxpayers won’t qualify. Here’s what the extended tax deadline […]
After months of negotiation and deliberation, Congress finally passed an updated stimulus bill passed last week. This bill will bring relief to millions of people and small businesses in the form of economic relief and direct cash payments. It’s an important boost that will immediately benefit city, local, and state economies. Although millions will directly […]
The third stimulus bill is undergoing modifications with a Senate vote pending. While the next stimulus bill has yet to become law, there are dozens of ways it could improve your quality of life. As the nation continues to suffer the effects of COVID-19’s economic losses, many look forward to the next stimulus bill’s passage. […]
1-800Accountant is excited to kick off their newest partnership with TripLog. “Partnering with like-minded businesses like TripLog gives our clients access to software solutions that will make their day-to-day lives easier, along with helping prepare them for tax season. We look forward to growing this partnership and serving our client bases together,” says Mike Savage, […]
In our ongoing effort to provide the best possible service to our clients, the 1-800Accountant team seeks to partner with trusted businesses that share similar core values and goals. As part of this work, we’re excited to announce our new partnership with CoverWallet, an Aon company. CoverWallet is a digital insurance platform that makes it […]
Congress approved another round of coronavirus relief, meaning additional Paycheck Protection Program funding and updates regarding covered uses of PPP funds. Learn more about how this could affect your business. Additional $284 Billion for PPP Applicants After months of discussion and negotiation, Congress recently approved a $900 billion COVID-19 relief package under the Consolidated Appropriations […]
Joe Biden’s tax plan will inevitably go through some changes in its path through the legislative process until it actually takes effect. Still, we can get a sense of Biden’s priorities by imagining what the tax plan would look like according to the tax policy proposals the Biden-Harris campaign has released. Biden’s tax plan affects […]
The COVID-19 recession has arrived. These steps will show small businesses how to outlast the economic downturn and become strong examples of a recession-proof business model. If the Great Recession is anything to go by, this global pandemic spells real trouble for small businesses in America. Early reports indicate that COVID-19 stands to have an […]
The CARES Act legislation in March offered stimulus payments to almost every U.S. citizen or resident under a certain income level. During a time of record unemployment, the bill came at a crucial time for those in need. Despite the severe need for economic relief, the size of the package and processing complications have led […]
As the Coronavirus continues to affect employees, business owners make tough decisions. Some business owners have reduced the number of employees, while other business owners have furloughed their staff. Sometimes, depending on the industry, neither reducing nor furloughing employees result in business profits. Closing a business is the direst of scenarios that a business owner […]
