Alloy Silverstein’s articles and insights are updated weekly. Stay tuned for the latest tips and news on managing your business, the latest tax law, preventing fraud, preparing your taxes, and more.
According to the IRS, all third-round stimulus checks have been sent out. If you were eligible but did not receive all of the money you were supposed to, you may need to claim the Recovery…
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As of January 2022, several new laws have been passed in the state of New Jersey that could impact the tax planning for your business or non-profit. Revised NJ Business Alternative Income Tax Act (BAIT)…
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The accounts payable process is typically very labor-intensive for many small business owners. While moving to a paperless environment may help alleviate some of your accounts payable headaches, there will be new problems you’ll have…
Read More...Pretending to be an IRS agent is one of the favorite tactics of scam artists, according to the Better Business Bureau. The con artists impersonate the IRS to either intimidate people into making payments over…
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Letter 6419 – Advance Child Tax Credit Payments Recipients of the 2021 advanced Child Tax Credit (CTC) monthly payments should be on the look out for a new letter being sent out by the IRS….
Read More...Here’s a quick review of some of the tax changes you’ll see from 2021 to 2022 as a result of inflation adjustments and new tax laws. Tax Provision 2021 2022 +/- Business equipment Sec….
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Taxpayers should mark their calendars and consult with their CPA and advisors on the following deadlines. Upcoming Tax Deadlines January 3, 2022 • Extended deadline for those impacted by Hurricane Ida in designated disaster areas….
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Here’s a fresh approach to help you put your finances in perspective for 2022. See the big picture. It’s hard to make financial decisions in a vacuum. Having a budget, knowing your credit score,…
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