"Information is the resolution of uncertainty."

Claude Shannon
September 22, 2021
Managing Restaurant Cash Flow Becomes Critical as the COVID-19 Continues

Cash flow has always been a challenge for restaurants, and before COVID-19 changed everything there were thousands of articles written about the importance of forecasting, streamlining overhead, and controlling inventory.

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September 20, 2021
October Extended Due Date Just Around the Corner

The normal April 15, 2021 filing deadline for 2020 individual tax returns was extended by the IRS to May 17, 2021 due to the continuing Covid-19 pandemic. If you could not complete your 2020 tax return by May 17 and are now on extension, that extension expires on October 15, 2021.

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September 18, 2021
The Importance of a Well-Oiled Accounting Function

Though it’s natural for management to focus on its profit-making areas, the importance of a sound accounting foundation to support the operation cannot be overemphasized.

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September 14, 2021
What You Need to Know About the IRS and Tax Audits

The IRS has long been a bogeyman for the American public, and there’s good reason for that.

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September 10, 2021
Should You Get an IRS Identity Protection PIN?

IRS Identity Protection PIN (IP PIN) is a six-digit number assigned to eligible taxpayers to help prevent the misuse of their Social Security by ID thieves to file fraudulent federal income tax returns.

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September 7, 2021
A Tax Strategy to Consider If You Own Company Stock

Do you own any of your employer’s company stock inside your employer’s 401(k), ESOP, profit sharing plan, or other retirement plan?

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September 4, 2021
Vaccinated? Claim Tax Credits for Your Employees and Yourself

As the nation suffers from the ravages of the super-contagious COVID-19 Delta variant, the federal government desperately wants all American workers and their families to get vaccinated.

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August 30, 2021
Tax Breaks for Grandparents

More and more individuals who thought their child-rearing days were over are now raising their grandchildren.

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August 25, 2021
September 2021 Due Dates

The third installment of 2021 individual estimated taxes is due.

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