Joe Biden accidentally paid for Colorado’s new retirement requirement.
Colorado SecureSavings required employers to provide retirement plans. A few months later, SECURE 2.0 said they would pay for it. The state law is mandatory; the federal law is free money. What you can offer Since you are now required to offer a retirement plan opportunity for your employees, here are some pros and cons of […]
Home Improvement in 2023
Solar panels aren’t the only way to get money back on your taxes. Think about these ways the Inflation Reduction Act can save you money on other upgrades.
Dealing with a 1099-K
Information about 1099-K and what to do.
Solar scams in 2022
Here is a list of common lies salespeople tell when trying to get someone to go solar.
New tax enforcement
If you cheat on your taxes, STOP. The IRS is increasing enforcement and now they have serious funding to do it.
Tax Planning Webinar
We are hosting a free webinar for small business owners to better understand the tax implications of an S-Corp election.In a nutshell, many taxpayers can save by reducing the amount of self-employment tax they pay. By structuring payments to be divided between your role as an “employee” and your role as an “owner.” In some […]
Why is the IRS slow in 2022?
The IRS is overwhelmed right now. Here’s what you can do about a slow refund.
Cryptocurrency 1099s
I noticed an interesting problem related to clients with cryptocurrency transactions. The issuer makes 1099 forms with lots of transactions. As a tax preparer, it’s annoying, so I decided to find out why. The crypto-broker[1] like Robinhood or Coinbase has to issue tax documents, but do they have to make them so difficult to read? […]