Article Highlights:
ERC Background.
TV Promoters and Marketeers.
IRS Programs to Withdraw Erroneous Claims.
ERC Voluntary Disclosure Program.
How to Apply for the Voluntary Disclosure Program.
ERC Claim Withdrawal Program.
The…
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Article Highlights:
Ghost Preparers
PTIN Requirement
Signing the Return
Preparation to Boost Refund
Taxpayer Left Holding the Bag
How to Report Ghost Preparers
Professional Tax Preparation
As people begin to have their…
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Baby Boomers – the largest generation in America by the numbers – are approaching their golden years. This means that many are beginning to look ahead to a healthy and secure retirement as they put their years in the workforce behind them.…
https://www.islernw.com/wp-content/uploads/2024/02/Blog-header-image-healthcare-considerations-for-boomers-in-retirement-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-02-20 12:00:092024-02-23 22:37:43Healthcare Considerations for Boomers in Retirement
Article Highlights:
Charity Tax Exempt Status
General Rules for Deducting Volunteer Expenses
Away-From-Home Travel Expenses
Vehicle Expenses
Entertaining For Charity
Uniforms
Use of a Capital Assets
Conventions
Underprivileged…
https://www.islernw.com/wp-content/uploads/2024/02/Blog-header-image-tax-deductible-expenses-for-charity-volunteers-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-02-15 12:00:072024-02-23 23:18:35Tax Deductible Expenses for Charity Volunteers
Article Highlights:
Factors That Affect Whether Someone Needs to File a Tax Return
Gross Income
Required Filing Threshold
2023 Filing Thresholds by Filing Status
Self-employment Status
Status as a Dependent
Some Individuals…
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Since we're still in the early weeks of 2024, now is the perfect time to improve your business operations with QuickBooks for a more efficient and prosperous year ahead. QuickBooks Online continues to provide a wide array of bookkeeping and…
Article Highlights:
Health Flexible Spending Arrangement (FSA)
Benefits of an FSA
Qualifying for an FSA
Contributions to an FSA
Amount of Contribution
Distributions From an FSA
Qualified Care Expenses
Qualified Medical…
https://www.islernw.com/wp-content/uploads/2024/02/Blog-header-image-dont-miss-out-on-your-employers-flexible-spending-benefits-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-02-06 12:00:042024-02-23 23:17:33Don’t Miss Out on Your Employer’s Flexible Spending Benefits
In the wake of the pandemic, remote work has become the new norm for many American workers. As businesses across a wide range of industries have shifted to a remote model, employees and employers alike have experienced numerous benefits such…
https://www.islernw.com/wp-content/uploads/2024/01/Blog-header-image-navigating-the-tax-implications-of-remote-work-for-SMBs-a-comprehensive-guide-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-02-01 12:00:482024-01-18 21:48:52Navigating the Tax Implications of Remote Work for SMBs: A Comprehensive Guide
Article Highlights:
Qualified Transportation Fringe Benefits (QTFB)
Group Term Life Insurance (GTLI)
Accident and Health Benefits
Flexible Spending Arrangement
Exclusion for Qualified Employee Discounts
Dependent Care Assistance…
https://www.islernw.com/wp-content/uploads/2024/01/Blog-header-image-are-you-taking-advantage-of-your-employers-fringe-benefits-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-01-30 12:00:032024-01-18 21:41:43Are You Taking Advantage of Your Employer’s Fringe Benefits?
Article Highlights:
Estate and Gift Tax
Personal Exemptions
Standard Deductions
Home Mortgage Interest Deduction
Limitation on Tax Deductions (SALT)
Suspension of Tier 2 Miscellaneous Itemized Deductions
Suspension of…
https://www.islernw.com/wp-content/uploads/2024/01/Blog-header-image-major-tax-sunset-on-the-horizon-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-01-25 12:00:402024-01-18 21:48:04Major Tax Sunset on the Horizon
Employers Beware: ERC Voluntary Disclosure Program Ends Soon
EmployeesUsing a Ghost Preparer? Who You Going to Call When the IRS Comes Knocking
Tax Planning, TaxesHealthcare Considerations for Boomers in Retirement
Healthcare, RetirementTax Deductible Expenses for Charity Volunteers
Charity, DeductionsWho Needs to File a Tax Return in 2024
UncategorizedEffortless Financial Management: Mastering QuickBooks Online's Recurring Transactions
QuickbooksDon’t Miss Out on Your Employer’s Flexible Spending Benefits
Finance Tips, Health InsuranceNavigating the Tax Implications of Remote Work for SMBs: A Comprehensive Guide
Self-Employment, Small Business, Working From Home- TipsAre You Taking Advantage of Your Employer’s Fringe Benefits?
Employees, JobsMajor Tax Sunset on the Horizon
Tax Credits, Tax News, Tax Planning, Tax Tips, Taxes