Small Business Tax And Accounting Updates: Ending 2022
Article: Small Business Tax and Accounting Updates: Ending 2022 Category: 1040 income tax, IRS, Small Business Small Business Tax and Accounting Updates: Ending 2022 Jessica I. Marschall, CPA Tax Season 2022 is just around the corner. Our firm put together the most important and prevalent tax and accounting issues pertaining to small businesses. We have […]
Read MoreS Corps-The Quick Facts
Article: S Corps-The Quick Facts Category:1040 income tax, S Corps, Small Business Jessica I. Marschall, CPA January 7th, 2023 Businesses may choose S-Corp taxation on the date they start or may elect the tax treatment at a later date moving from a single member LLC or “Disregarded Entity”, or a partnership or multi-member LLC. An […]
Read MoreTax Notes From 2022 Tax Season
Article:Tax Notes from 2022 Tax Season Category: 1040 income tax, IRS, Small Business Jessica I. Marschall, CPA April 21st, 2023 The bulk of tax season 2022 is over. As a group, CPAs are exhaling and questioning our career choices. As a group, we are fading fast. The AICPA estimates that 75% of CPAs will retire […]
Read MoreOpening A Small Business-The Basic Steps
Article: Opening a Small Business-The Basic Steps Category: 1040 Income Tax, Small Business Opening a small business involves several steps to ensure you comply with tax regulations and reporting requirements. Here are the general steps to open a small business and handle tax-related matters: Here are the general steps to open a small business and […]
Read MoreSECURE Act 2.0 Of 2022—What To Know
Article: SECURE Act 2.0 of 2022—What to Know Category: 401K, Retirement Jessica I. Marschall, CPA May 17th, 2023 The SECURE Act 2.0 was signed into law by Congress December 2022 to enhance the SECURE Act of 2019, or the Setting Every Community Up for Retirement Enhancement. The new act includes 92 provisions to help taxpayers save for […]
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