Posts

Philadelphia Wage Tax Refund Request Form for 2020
If your employer asked you to work from home in 2020, instead…

COVID-19 Relief May Be On The Way – Highlights of the Proposed $908B Package
The next round of stimulus assistance may be on the way in the…

Year-end Planning Tip for Qualified Business Income (QBI) Deduction
If you own a business, you may wonder if you’re eligible to…

Reminder for S Corps: Report Health Insurance Premiums on a W-2 for 2% Shareholder-Employee
Article updated December 8, 2021.
With three weeks remaining…

IRS Provides New Security Measures for Taxpayers
The number of COVID-19 related scams are on the rise. In a move…

Additional Tax Relief Announced for Philadelphia Businesses
During Mayor Kenney’s daily COVID-19 press conference on Dec.…

More Clarity on PPP Forgiveness Announced by Treasury & IRS
On November 18, 2020, the IRS released Revenue Ruling 2020-27…

Know the Gifting Limits for Year-End Planning
Today we are focusing on estate and gift tax planning, specifically,…

Year-end Payroll Processing Reminders for 2020
With just seven weeks to go, we want to focus on year-end payroll…

Summary of Biden-Harris Income Tax Plan
As we near the close of the calendar year, a major topic of…