Our offices will close at 2:00 PM on Wednesday, 11/25/20 and reopen on Monday, 11/30/20 at 9:00 AM so we can enjoy the Thanksgiving weekend with our immediate families. We wish all of our valued clients a Happy Thanksgiving. More importantly, we hope everyone remains safe during these trying times.
Read MoreWe understand that clients are anxious to get their stimulus payment. Last week, the Federal Government began delivering “Economic Impact Payments” to eligible citizens through the Coronavirus Aid, Relief and Economic Security (“CARES”) Act. Since then, many clients have called us with questions about the stimulus payment. Here are a few things to keep in mind: Important […]
Read MoreWe care about the safety and well being of our clients and employees. Therefore, we will be adhering to the Stay at Home Order issued in Massachusetts by Gov. Baker today. Our offices will be closed in Massachusetts starting at Noon on Tuesday, March 24, 2020 and remain closed until Tuesday, April 7th, 2020. Clients […]
Read MoreIn accordance with the social distancing guidelines provided the Federal and State Governments, we will not be conducting face to face tax preparation meetings with clients. Clients are still welcome to visit our offices and drop off and pick up all pertinent tax information but we will be limiting visits to 15 minutes maximum.
Read MoreOur offices will be closed today so our staff can take a breather after a very long tax filing season. We will resume normal office hours starting tomorrow. Thank you to all our clients, family and friends for their support during this time of year.
Read MoreMassachusetts Employers face new requirements for filing the HIRD Form. In order to avoid penalties HIRD forms must be filed by 11/30/2018. Please read the following Frequently Asked Questions provided by the Massachusetts Department of Revenue to see if you are required to file as an employer: HIRD-FAQ/
Read MoreThis is from ADP Payroll Service: The U.S. Citizenship and Immigration Services (USCIS) has released a revised version of the Form I-9 (Employment Eligibility Verification). Employers must begin using the new version by September 18, 2017. Background: The Form I-9 is used to verify a new hire’s identity and work authorization. All employers must ensure […]
Read MoreTaxable Talk From Russ Fox, E.A., of Clayton Financial and Tax of Las Vegas, Nevada. All of the items below are for information only and are not meant as tax advice. Please consult your own tax advisor to see how each item impacts your own situation. Boston Bruins 2, IRS 0 June 26th, 2017 The […]
Read MoreAs a small business owner you may hire people as independent contractors or as employees. There are rules that will help you determine how to classify the people you hire. This will affect how much you pay in taxes, whether you need to withhold from your workers paychecks and what tax documents you need to […]
Read MoreIn the above chart you can see that the business owner creates the business entity and transfers business property to the entity. The Business Entity owns the business property. Creditors can only reach business assets. * In many states, owners of an LLP have only a reduced form of limited liability from the claims of […]
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