One of the defining characteristics of America is the entrepreneurial spirit that has defined so much of this country. As this year comes to a close, we thought it would be pertinent to celebrate the history of small business in this country, some of the ways they can move forward, and a few things to expect in the upcoming year.
2020 has been an unprecedented year in so many ways, and taxes are no exception. To assist your business, we want to make sure you aware of payroll compliance items that may need your attention before the end of the year.
There is a lot to consider when planning your estate and what you want to leave behind for those you love. It can complicate things, especially when dealing with different estate taxes and laws that surround a person’s estate. Let's take a look at the history of inheritance law, the estate tax, and ways to approach the planning of your estate.
There are many things that society is learning about what really matters and the importance of taking care of ourselves and our families. Aside from many other things, we learned some valuable lessons about the importance of financial planning and how proper preparedness can save you in a crisis.
Those whose doors remain closed today, or are barely reopening, probably have a lot of questions about what to do and how to move forward. Over the years, Biel Fisette Iacono has helped dozens of small businesses across various different industries with their wealth management. We thought we’d take a moment to look at some solutions for small businesses.
On March 18, 2020, the U.S. Treasury Department and the Internal Revenue Service released Notice 2020-17 and issued Notice 2020-18, clarifying the tax filing and payment relief related to the COVID-19 pandemic. We discuss what this means for you.
What You Need to Know Regarding the Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act”
As of March 27, 2020, the U.S. President signed a bill known as the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) intended to help citizens with the turmoil the pandemic has summoned by providing economic relief to individuals, families, small businesses and other sectors of the United States economy. We discuss some key CARES Act provisions for businesses and individuals to understand how it will apply to their income and earnings.
On March 27, 2020, the President signed a bill known as the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This bill will provide economic relief to individuals, families, small businesses and other sectors of the United States economy. The following is a summary of some key CARES Act Provisions for businesses and individuals.
On March 18, 2020, the Treasury Department and the Internal Revenue Service released Notice 2020-17 and then issued Notice 2020-18, which clarifies the tax filing and payment relief related to the COVID-19 pandemic.
For millions of small businesses and freelancers every year, estimated tax payments are a year-round aspect of their tax payments. Most people don’t have to deal with those changes, but small businesses and some individuals will have to pay these taxes throughout the year. In this short blog, we’ll give you a crash course in estimated tax payments so you can stay on top of it this year.