Congratulations if you are reading this and you found a new job! We know that these past few years have been extremely hard on a number of industries and finding a job can be very difficult. We hope with your new job you feel mostly excited, and we can take away some of the stress […]
New Job! Should I change my withholdings?… How do I fill out my W4? Read More »
La criptomoneda está explotando y el gobierno quiere su parte. Durante años, ha sido demasiado fácil para los inversionistas salirse con la suya al no reportar sus impuestos relacionados a las criptomonedas. Ahora el IRS está intensificando sus esfuerzos para cobrar. Los jueces federales han aprobado dos citaciones del IRS que fueron entregadas a la compañía de
Inversionistas de criptomonedas: El IRS viene por ti Read More »
IR-2021-211SP, 29 de octubre de 2021 WASHINGTON – El lunes, 1ro de noviembre, el Servicio de Impuestos Internos lanzara una nueva característica que permite a cualquier familia que recibe los pagos mensuales del Crédito tributario por hijos actualizar sus ingresos a través del Portal de actualización del Crédito tributario por hijos (CTC UP, por sus
If you work in the construction industry, you likely know the labor shortage has been a significant problem for some time now. Beyond just a shortage of workers, a gap in skilled labor is particularly challenging for contractors. Construction firms are struggling to find trained carpenters, welders, masons and other construction professionals. To address this shortage, construction organizations across
Women to the Rescue: How to Solve The Skilled Labor Shortage in Construction Read More »
You read that right! Your business can earn up to a $9,600 tax credit for each new person you hire. How? The Work Opportunity Tax Credit (WOTC) is a federal tax credit that encourages employers to hire people facing barriers to employment. Qualifying individuals include some veterans, individuals who have received government assistance through various
Save Money AND Hire New Employees-Work Opportunity Tax Credit Read More »
With bitcoin, you can run afoul of the IRS in a few surprising ways, so it pays to learn the rules. The big picture? Bitcoin and other cryptocurrencies that you buy, sell, mine or use to pay for things can be taxable. Also, if your employer or client pays you in bitcoin or other cryptocurrency,
Bitcoin Taxes in 2021: A Guide to Tax Rules for Cryptocurrency Read More »
To evaluate your winery’s performance, it’s essential to have insight into its profit margins. Your winery’s profitability is driven by two things–what you can charge for your wine and what it costs to make and sell it. The market generally determines what someone is willing to pay for your wine, so the cost of making
Accounting for the Cost of Making and Selling Wine Read More »
With all the intricacies of bringing wine to market, accounting and finances typically aren’t a first priority. However, when wineries invest time and resources in these areas, they can derive valuable insights that may help increase profits. This can be particularly for true smaller wineries, given how crowded and competitive the market is. A significant
Understanding Your Costs: Tips for Wineries of All Sizes Read More »
An interesting thing happened in Hollywood during the pandemic. Many stars moved out of Los Angeles and migrated to states like Texas (such as radio personality Joe Rogan and the former Dawson’s Creek star James Van der Beek). In news stories, they usually stated it was to get away from the rat race and general craziness of L.A. (“To get
How Can Entertainers Save Money On Taxes? Read More »
Hiring has been an issue for manufacturers in the U.S. for years now. When Deloitte last looked at the issue in 2018, low unemployment was underscored as being part of the problem. But a new report on hiring in manufacturing found the issue persisted in 2020, a time of high unemployment during the pandemic. “Fast
Manufacturing, competing with distribution, struggles to attract labor Read More »
