Accounting

February 1, 2021 

The incentive is available to crew at corporate-owned McDonald’s in the U.S. About 5% of McDonald’s 14,000 U.S. restaurants are corporate-owned. Corporate employees who get vaccinated will get four hours added to their paid time off bank.

January 19, 2021 

The new integration will import invoices directly from QuickBooks, quickly identifying and populating all essential information such as vendor, amount due, invoice due date and more. Once the invoice has been paid through Plastiq, the platform will ...

January 6, 2021 

Are you still waiting to get your second economic stimulus payment from Uncle Sam? You may have to wait a little longer because of a glitch in the system for some users of tax refund loan services.

January 1, 2021 

The second round of Coronavirus stimulus payments, $600 for most taxpayers, have started being processed, the U.S. Treasury Department has announced. People could receive them as early as Wednesday, Dec. 30, 2020.

December 28, 2020 

Stimulus payments are just part of it. Also: more unemployment, PPP, EIDL loans, Employee Retention Credit, EIC, CTC, eviction moratorium, and more.

December 22, 2020 

The legislation would provide direct payments of $600 to most Americans and their children. Those with incomes of more than $100,000 would be excluded, as would undocumented immigrants. The payments will go out as soon as next week.

November 25, 2020 

The CARES Act includes several temporary tax changes helping charities, including the special $300 deduction designed especially for people who choose to take the standard deduction, rather than itemizing their deductions.

November 17, 2020 

Anyone who doesn’t normally file a tax return and hasn’t received their coronavirus stimulus payment has until 3 p.m. EST this Saturday, Nov. 21, to register with the IRS for an Economic Impact Payment. The only way remaining to get a payment in 2020 is to register using the Non-Filers: Enter Info Here tool on...…

October 9, 2020 

COVID-19 brought financial challenges to much of the public and forced companies to reimagine how business is done. Congress responded with generous relief, much of which runs through the tax code.

October 6, 2020 

People who haven’t received a Coronavirus stimulus payment, and don’t typically file a tax return, can use an online tool to request their payment, up until Nov. 21.

September 29, 2020 

According to documents released by Biden’s campaign Tuesday, the former vice president and his wife, Jill, got a refund of $46,858 after paying $346,204 in income taxes. He reported a taxable income of $944,737, paying 31.7% of it in taxes

September 23, 2020 

Small Business Week, Sept. 22-24 is a good time for individuals to consider taking the home office deduction if they qualify. The benefit may allow taxpayers working from home to deduct certain expenses on their tax return.