Fall Is A Time To Regroup
Just like when you clean house and deep clean all those places you forgot about with the cooler weather, this is often a good time
Just like when you clean house and deep clean all those places you forgot about with the cooler weather, this is often a good time
Especially prevalent around the holiday season and usually targeting the elderly, false charitable organizations often scam people who are looking to make a donation they
The IRS wants to celebrate with you! There are very complex, specific rules for prizes that qualify as nontaxable. In general, gifts are usually not
The IRS system will stop accepting e-filed returns after Nov 26, 2022. Until Nov 26, 2022; tax returns for the years 2019, 2020 and 2021
Let’s say your bookkeeper, whether they are hourly or at a monthly rate costs $500/month. That is $6,000/year. Your business only profits $30,000 a year.
1099s need to be efiled by the end of January. If you have hired individuals or companies in 2021 who performed services for you, they
End of year is time to regroup… if you own a business, start cleaning up your books now before tax season hits and all your
Fleig Financials offers different packages of full-service payroll at competitive rates. Call at 361 443-3787 to set up your free consultation and personalized quote! Making
Flexible hours are available for notary services for all of you who work 9-5. They are APPOINTMENT ONLY. I will notarize as early as 7am
Texas Tax Season officially ended June 15 and I filed all my extensions and started breathing again. I am so grateful to all of you
I grew up without TV and certain books shaped my life and viewpoint and success. One of the first ones was the 7 Habits of
Earned income maximum credits and earned income thresholds are up slightly from 2019 tax year, allowing some people who would not normally have qualified to
More and more, my clients are saying it is getting harder to hire because people are making more off unemployment than they are actually working.
Call me! 361 443-3787 If it is January of 2021 and you never received the first $1,200 or second $600, your best bet is to
So you started your business… and you hired a secretary. She’s doing pretty good but sometimes you aren’t sure if everything is filed correctly or
Let’s start with if you did. If you did receive your stimulus payment, keep it for your tax records along with Notice 1444 for your
Schedule Cs, especially face steep taxes for their net profit but there are sometimes strategic moves you can make toward the end of the year
As part of the CARES Act, a temporary $300 tax deduction will apply to 2020 even for those who don’t itemize. Normally, charitable deductions only
For all of you believing that a Biden/Harris Presidency would only raise taxes for those making over $400,000, it isn’t true. Their plan includes immediately
A notary in the state of Texas can only notarize in the State of Texas and only when the person signing the document personally appears.
If you mailed in your return and are still not seeing the money come out, give it time… it may take 6 months or even
October and November are a good time to do some final cleanup to the books and take a deeper look at your office systems and
Many people don’t realize that an LLC is not a permanent entity class like an EIN. An LLC is a state-level entity and most states
In plain English, the IRS is very backed up on mail. Mail-in returns, mailed payments, etc. So backed up that sometimes by the time they
This article from irs.gov addresses resuming tax payments on installment agreements. “July 13, 2020 If you took advantage of the IRS’s People First Initiative tax relief and
This is one of the options available through the CARES project to offer Coronavirus relief options. My advice to everyone: Don’t defer payroll tax. Pay
Have you ever gotten too connected to an idea? For me, personally, we bought a home to fix up and it has taken a tremendous
I have been speaking with local lenders regarding the details on PPP forgiveness and have been advised to wait a few weeks to send in
***Reminder to all the self-employed and those who pay in, the deadline for the 3rd estimated tax payment is Sep 15, 2020.*** The IRS will
Structure is strategy. And if you don’t have a long term plan for your business, you’re missing out. It’s not enough to figure it out
Here is my Key Takeaways for the individual portion of this Act: You will no longer get fined for not having health coverage. Alimony payments
There is always so MUCH information when it comes to the IRS. Some key takeaways to this bill: Corporate tax rate has been changed to
Opportunity Zones were put into place along with Trump’s Tax Cuts & Jobs Act of 2017. They are a wonderful way to proactively combat some
Copied from my favorite source, irs.gov, here the link to this article: https://www.irs.gov/taxtopics/tc458 “If you’re an eligible educator, you can deduct up to $250 ($500
Flexible hours for notary work!!! I know many of you are trying to get things done around your regular jobs and I know how hard
I’ve mentioned in previous articles that most people often come to me after they’ve already messed up their Quickbooks and they have a few years
Unemployment is a voluntary withholding compensation. This means, you have to request to have tax withheld. It will not be automatically done for you. See
This article explains the risks involved in notary work and why in-person notary services are the best option, at least right now. Fleig Financials follows
The IRS has issued a special provision for waiving the additional tax on distributions taken to help with Coronavirus related issues requiring distributions in 2020.
In the midst of the hype with this virus from China, there are extra challenges in following due process to ID properly during notarization and
Budgeting/Long Term business planning is an essential thing to do that many businesses neglect just because the day to day takes too much of their
Sometimes financing is the only way to take that next step, whether personally or for your business. It can be very frustrating to not be
Just because it is advertised as user-friendly doesn’t mean it is… Quickbooks is a great example of this. It can be tricky! What seems to
Behind all the personal comments, bias and drama based on general answers to questions that are too complex to answer quickly and a media that
Extensions for Partnership, S Corp returns and personal returns with a Schedule F (farm) filed by March 15, 2024 only last until Sep 15, 2024.
It’s fall! And that means the fall tax extension deadlines are coming up… Call 361 443-3787 to get your tax return efiled before the due