IRS Updates IRS Funding: What to Expect in 2023 In 2022, policymakers took a step forward in a funding process that was designed to…Joshua ThompsonFebruary 2, 2023
Personal Tax Items 529 Education Account Changes & Other Secure 2.0 Act Changes A 529 education account, is something parents start for their children to help pay for…Joshua ThompsonFebruary 2, 2023
Business Tax ItemsPersonal Tax Items Secure 2.0 Act – Changes to Retirement The Secure 2.0 Act is a new law that basically changed a lot about the…Joshua ThompsonFebruary 2, 2023
Business Tax Items 12 Hidden Expenses for Restaurants When dining out at a restaurant in the United States, many people are familiar with…Joshua ThompsonNovember 28, 2022
Business Tax Items Business Accounting Methods Nearly every establishment follows one of two business accounting methods. You can either use the…Joshua ThompsonNovember 28, 2022
Business Tax Items Why We Tip: From A Tax Perspective Today we shall be addressing why Americans tip their servers, and we shall be reviewing…Joshua ThompsonNovember 28, 2022
Business Tax Items Filing Requirements for Restaurants and Hospitality Industry Restaurants don’t have the luxury to only worry about federal income tax, they have the…Joshua ThompsonNovember 28, 2022
Personal Tax Items Climate Incentives from the Inflation Reduction Act On August 16, 2022, President Joe Biden signed into law the Inflation Reduction Act that…Joshua ThompsonNovember 1, 2022
Business Tax Items What Restaurant Owners Need to Know About Tips? Several updates and new policies were issued throughout the first half of 2022. The good…Joshua ThompsonNovember 1, 2022
blog What Restaurant Owners Need to Know About Tips? Most people who come to visit the US are often confused by the tipping culture.…Joshua ThompsonNovember 1, 2022
Business Tax Items What Do Large Scale Food and Beverage Establishment Owners Need to Know? If your business is identified as a large food and beverage establishment, you are required…Joshua ThompsonNovember 1, 2022
Business Tax ItemsPersonal Tax Items Quick Facts and Updates: Student Loan Relief, Medical Expenses, S Corps Red Flags, & More Several updates and new policies were issued throughout the first half of 2022. The good…Joshua ThompsonNovember 1, 2022
Personal Tax ItemsTax Strategy How To Let Your Childs’ Friend Pay for Your Child’s College Tuition Willingly Freshmen to senior year are the typical times our children decide the college they want…Joshua ThompsonSeptember 8, 2022
blog The Taxation of NFTs by the State of Washington The state of Washington, as well as many other states in the United States, is…Joshua ThompsonSeptember 8, 2022
blog Inflation Reduction Act Quick Overview On August 16, 2022, the president signed the inflation act of 2022. This new act…Joshua ThompsonSeptember 8, 2022
blog How to Classify a Worker In the United States, there are several options for worker classifications. However, there are only…Joshua ThompsonSeptember 8, 2022
blogPersonal Tax Items Cryptocurrencies Potential Tax Changes As we all know, cryptocurrencies are digital currencies like Bitcoin, Ethereum, and the like. There…Joshua ThompsonAugust 8, 2022
blogPersonal Tax Items How Inflation Affects on Your Taxes Inflation can affect your taxes in many ways, positively and negatively. Certain items with the…Joshua ThompsonAugust 8, 2022
blogBusiness Tax ItemsPersonal Tax Items Estimated Tax Payments Requirements This post will shine light on estimated tax payments. What it is, who needs to…Joshua ThompsonAugust 8, 2022
blogBusiness Tax ItemsPersonal Tax Items 1099 NEC – Who is Required and When to File If an individual earns over $600 a year from business-related incomes, not including their employer,…Joshua ThompsonAugust 8, 2022