December 6, 2022 Real estate can be a great source of supplemental income while simultaneously building wealth. There is no shortage of tax law surrounding real estate. It can be very intricate and complicated to navigate. In general, there are three general categories that a taxpayer falls under when it comes to the level of …
December 6, 2022 LLCs, partnerships, S elections, self-employment tax, legal liability – these are all terms you may hear when looking into what type of entity to choose when starting a new business. To most people it can be confusing, and it can be overwhelming. We’re here to help make sense of it all. Each …
December 6, 2022 Where did the tax credit come from? The Employee Retention Tax Credit (known as ERTC or ERC) was enacted as a part of the CARES Act in March 2020 offering eligible business up to $26,000 in a dollar for dollar refundable tax credit per W2 employee. In 2020 and 2021, many businesses …