The COVID-19 pandemic has caused massive societal shifts in the past two years, and one of the most significant changes is how and where people work. Some people who work from home can take a tax deduction for their home office expenses. Learn more...
While Tax Day is typically in mid-April, the IRS lengthened the tax deadline in 2020 and 2021 in response to the COVID-19 pandemic. However, in 2022, you must file your federal tax return or request an extension by April 18. If you owe money,...
Since the COVID-19 pandemic began earlier this year, most businesses and tourism spots in Arizona have had to close or severely limit their activities. Restrictions are starting to ease now, though, and businesses are slowly opening up once again. The recently announced Rediscover Arizona...
If your business is struggling financially because of the effects of the COVID-19 pandemic, there is help available. Many area organizations, private and public, are coming together to support local businesses through the crisis. The federal government is also supporting business through programs developed...
As a small business owner, you may be struggling with how to operate during the coronavirus outbreak. Some businesses have become busier during the pandemic, shifting their business model to accommodate changing needs, while others have had to close temporarily. Orders to stay at home have prevented many...
The coronavirus outbreak has shifted a lot of plans, including those of the Internal Revenue Service (IRS). While the deadline to file tax returns and pay any taxes due would normally be April 15, in 2020 the due date, with some exceptions, is now July 15. How...
Operating a successful small business can be challenging, even in the best of times. You have to focus on your customers and possibly manage employees and vendors. Of course, you also have to make sure your product or service is consistently exceptional, to keep your customers coming back....
Unless you are in the financial industry, you probably don’t wake up in the morning excited about your spreadsheets and chart of accounts. You are understandably focused on the core offering of your business rather than worrying about your taxes or financial data. Knowing that you can...
Navigating through business operations without an understanding of your company’s financial records is like going on a journey to an unknown destination without a roadmap. Busy people often focus on the day-to-day requirements of running a business without a true understanding of where the...
As a small business owner, you probably do not get excited about filing your taxes. There are multiple deadlines throughout the year and complicated rules and regulations that require your compliance. When you are busy running your business, having to drop everything and focus on your tax...
