Featured Posts

2021 Child Tax Credits

Many taxpayers with children have been getting monthly deposits from the IRS and have been wondering what the catch is.  These payments are actually prepayments of your 2021 Child Tax Credit, which … [Read More...]

Employee Retention Credit

Did your company's gross receipts decline by 50% in any quarter for 2020 or by 20% in Q1/Q2 2021 compared to the same quarter in 2019?  Was your company subject to a full or partial suspension due … [Read More...]

DELAY’S AT THE IRS

Unfortunately, it has been our experience that anything mailed to the IRS within the last 18 months to two years can take an incredibly long time for them to process.  We are hearing this same refrain … [Read More...]

Tax Credit For Time Off for Vaccine

The American Rescue Plan Act of 2021 allows small and midsized employers to get a payroll tax credit for wages paid to employees who are not able to work due to COVID-19.  This act includes leave … [Read More...]

2020 Tax Year Deadline Dates

As of today, 4/1/2021, the individual 1040 deadline for both Federal and Georgia to both file and pay has been extended to May 17th.  1120 returns (For C Corporations) are still due by April 15, … [Read More...]

UPDATE on April 15th Deadline

In addition to the IRS extending the deadline for filing 1040's to May 17th, Georgia has announced they will also conform to this deadline date as … [Read More...]

April 15th Tax Deadline

The IRS has pushed back the 4/15 deadline to 5/17.  This is an automatic extension of both the filing and the payment requirement for 2020 tax returns. As of today, March 18, 2021,  this does not … [Read More...]

PPP FUNDING ENDS 3-31-2021

The Paycheck Protection Program (PPP) ends on March 31, 2021.  Eligible businesses can apply through their bank until that point.  If you have any questions about the PPP, please give your CPA a call … [Read More...]