hello 2021!

We will begin processing year-end reports the first week of January. Please be watching for your quarterly reports via email, or the delivery method you requested. W-2's will be sent to the employer no later than January 25th. If you would like them delivered in a different manner than normal delivery, please let us know. 

2020 has been a busy year, with a lot of changes. To make sure taxpayers don't miss out on tax benefits or make mistakes, they can take a few simple steps now to make filing their taxes easier in 2021. An important first step to getting taxes ready is to gather all tax records. It may also help discover potentially overlooked deductions or credits. 

Business tax transcripts will soon look a little different. Beginning December 13, the IRS will conceal some information on business tax transcripts to better protect people from possible identity theft. A transcript is basically a summary of a tax return. Tax pros use transcripts to prepare prior year tax returns or represent the client before the IRS. Lenders and others use tax transcripts to verify income.

Paycheck Protection Programs (PPP) borrowers may be eligible for loan forgiveness if the funds were used for eligible payroll costs, payments on business mortgage interest payments, rent, or utilities during either the 8-or 24-week period after disbursement. Click the link below to learn more!