What Is an Offer in Compromise?
Carrying long-term debt is a challenge, but when the money is owed to the government and you see no way to pay what you owe, it can be...
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bedilia8
- Oct 17, 2022
- 5 min
Will a Small Business Grant Help Your Organization? Breaking Things Down
According to one recent study, there are currently more than 32 million small businesses operating in the United States. For the sake of...
8 views0 comments
bedilia8
- Oct 10, 2022
- 2 min
ABLE Accounts and Individuals With Disabilities
Congress created Achieving Better Life Experience (ABLE) accounts in 2014. Prior to the creation of the ABLE accounts, individuals with...
6 views0 comments
bedilia8
- Oct 3, 2022
- 3 min
Increased Tax Credits for Home Builders Article Highlights
As part of the Inflation Reduction Act, passed in August 2022, modifying Internal Revenue Code Sec. 45L, contractors will benefit from...
300 views0 comments
bedilia8
- Sep 26, 2022
- 2 min
October 2022 Business and Individual Due Dates
Business Due Dates October 17 - Corporations File a 2021 calendar year income tax return (Form 1120 or 1120-A) and pay any tax, interest,...
7 views0 comments
bedilia8
- Sep 26, 2022
- 4 min
Bunching Your Deductions Can Provide Big Tax Benefits
If your tax deductions normally fall short of itemizing your deductions or even if you are able to itemize, but only marginally, you may...
2 views0 comments
bedilia8
- Sep 19, 2022
- 8 min
Best Practices for Avoiding Cash Flow Problems With Your Business: A Guide
If you had to make a list of some of the biggest issues that plague small business owners on a regular basis, cashflow problems would...
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bedilia8
- Sep 12, 2022
- 3 min
Home Energy Improvement Credit Is Enhanced
Going all the way back to 2006, except for 2008, the federal tax code has offered a tax credit for making energy-saving improvements to a...
5 views0 comments
bedilia8
- Sep 6, 2022
- 3 min
IRS Providing Penalty Relief to 1.6 Million Taxpayers
To help struggling taxpayers affected by the COVID-19 pandemic, the IRS has issued a notice, which provides penalty relief to most people...
15 views0 comments
bedilia8
- Aug 29, 2022
- 3 min
September 2022 Business and Individual Due Dates
Business Due Dates September 15 - S Corporations File a 2021 calendar year income tax return (Form 1120-S) and pay any tax due. This due...
20 views0 comments
bedilia8
- Aug 29, 2022
- 2 min
Mid-Year Tax Planning Checklist
All too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss opportunities that could reduce...
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bedilia8
- Aug 24, 2022
- 6 min
The Inflation Reduction Act of 2022
REVENUE PROVISIONS The Inflation Reduction Act of 2022 is significantly smaller than any proposed version of the Build Back Better Act....
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bedilia8
- Aug 22, 2022
- 9 min
What Does The Inflation Reduction Act Mean To You?
On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 which is a scaled-back version of the prior Biden...
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bedilia8
- Aug 15, 2022
- 4 min
Take Tax Advantage of a Low-Income Year
People generally assume that tax planning only applies to individuals with the big bucks. But think again, as some tax moves benefit...
11 views0 comments
bedilia8
- Aug 8, 2022
- 3 min
Even if You’re Not Required to File a Tax Return, You May Be Missing Out if You Don’t.
Some people may choose not to file a tax return because they didn't earn enough money to be required to file, but these folks may miss...
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bedilia8
- Aug 1, 2022
- 4 min
Portability of Unused Estate Tax Exclusion
When an individual dies, the value of that individual’s estate is subject to estate taxation, which is currently 40% of the individual’s...
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bedilia8
- Jul 27, 2022
- 2 min
August 2022 Business and Individual Due Dates
August 2022 Business Due Dates August 1 - Social Security, Medicare, and Withheld Income Tax File Form 941 for the second quarter of...
11 views0 comments
bedilia8
- Jul 25, 2022
- 7 min
Ways to Maximize Business Deductions
As a small business owner, you should always be on the lookout for legitimate ways to minimize your taxes. Waiting for year-end to do...
62 views0 comments
bedilia8
- Jul 18, 2022
- 2 min
Do You Want to Grow Your Business With Minimal Investment? Here is How You Do It
With a potential recession on the horizon, most small businesses, in particular, are looking for avenues to cut costs wherever they can....
7 views0 comments
bedilia8
- Jul 11, 2022
- 4 min
Sun Setting on Home Solar Power Tax Credits
If you have been considering installing a solar electric system in your home and taking advantage of the lucrative federal tax credit,...
3 views0 comments
Blog: Blog2
THE TIPPING POINT PODCAST
SMEs for your SMB and individual finances.
At Tehrani & Velez, LLP, we believe in providing accounting services that you can trust. The happiness and satisfaction of our clients is our number one priority. Our team of accountants is committed to performing their services with integrity, excellence, and professionalism. This philosophy underlines our approach to serving each and every one of our valued clients.
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