As the year draws to a close, it’s time to take stock of your business’s financial health. A year-end financial review isn't just a box to check—it’s a crucial opportunity to assess your profit and loss, evaluate growth potential, and…
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Article Highlights:
Hurricane Helene Affected States.
Who Qualifies for Relief.
Filing and Payment Relief
Relief Start Dates.
Relief Period Ending Date.
IRS Address of Record
Address Outside the Disaster Area
Additional…
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The surge in self-employment and small businesses during the COVID-19 pandemic led to millions of new entrepreneurs, many of whom had to quickly learn how to manage their finances, especially when it came to taxes and compensation. Now, nearly…
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Article Highlights
The World of Performing Arts
Understanding the Basics
Qualifications for Performing Artists
Special Considerations for Married Performers
Maintain Adequate Records
Types of Deductible Expenses
Recordkeeping…
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Article Highlights:
Background of the Corporate Transparency Act Reporting Requirement
Beneficial Ownership
Community Property Laws and Beneficial Ownership
Spouses and Beneficial Ownership Reporting
Implications for Reporting…
https://www.islernw.com/wp-content/uploads/2024/10/Blog-header-image-How-Community-Property-Laws-Impact-Beneficial-Ownership-for-Spouses-Isler-Northwest-CPAs-in-Portland-Oregon-1-1.png4541199sjohutton@gmail.comhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngsjohutton@gmail.com2024-10-16 12:00:012024-11-04 01:49:26How Community Property Laws Impact Beneficial Ownership for Spouses
Tax avoidance is a tale as old as, well, taxes themselves, with individuals and companies constantly seeking creative (and often strange) ways to reduce their liabilities. While most of us rely on accountants to help find wholly legal deductions,…
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October 2024 Individual Due Dates
October 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during September, you are required to report them to your employer on IRS Form 4070 no later…
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In the wake of the COVID-19 pandemic, the Employee Retention Credit (ERC) emerged as a vital financial lifeline for businesses. However, as the IRS intensifies its scrutiny of ERC claims, it has unveiled five new warning signs that businesses…
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As Baby Boomer business owners approach retirement, planning for the future of their businesses becomes crucial. Succession planning is not just about finding a successor; it's about ensuring the continuity and success of the business you’ve…
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As the vibrant colors of fall give way to the chill of winter, many businesses brace for the inevitable seasonal slowdown. Whether it's the changing weather or the uncertainty of election cycles, these periods can pose significant challenges…
https://www.islernw.com/wp-content/uploads/2024/09/Blog-header-image-mastering-cash-flow-strategies-for-navigating-seasonal-slowdowns-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-09-26 12:00:472024-09-26 18:11:47Mastering Cash Flow: Strategies for Navigating Seasonal Slowdowns
How to Prepare for Your Year-End Financial Review: A Guide for SMBs
Accounting, Business, Finance TipsIRS Provides Relief for Hurricane Helene Victims
EnvironmentManaging Contractor Payments and 1099s the Easy Way with QuickBooks Online
QuickbooksSpecial Provisions for Qualified Performing Artists’ Employee Business Expense Deductions
UncategorizedHow Community Property Laws Impact Beneficial Ownership for Spouses
UncategorizedSnails in Skyscrapers and David Beckham: The Strangest Tax Avoidance Schemes in History
TaxesImportant October 2024 Due Dates
2024 Due Dates, 2024 TaxesIRS Highlights New Warning Signs for Businesses Regarding the Employee Retention Credit
Business, EmployeesSuccession Planning for Baby Boomer Business Owners: Ensuring a Smooth Transition
Retirement, Succession PlanningMastering Cash Flow: Strategies for Navigating Seasonal Slowdowns
Economy, Self-Employment, Small Business