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Month: June 2022

Summertime Tax Planning Tips

Posted on June 6, 2022 by relanetAdmin

Now that Memorial Day has passed, many people are thinking more about summer vacations than taxes. But summer is a great time to review withholding and see if your summer plans will affect next year’s tax return. Here are some common summertime tax situations and tips to help you figure out if they apply to
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Work Opportunity Tax Credit Extended

Posted on June 6, 2022 by relanetAdmin

Everyone knows that it’s tough to find employees right now. It seems like every business has a “Help Wanted” sign in their front window. With the employment market so tight, the federal government has taken steps through the Work Opportunity Tax Credit (WOTC) to encourage businesses to consider employees that have historically been overlooked by
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Tax Benefits for Small Businesses

Posted on June 6, 2022 by relanetAdmin

It’s tough owning a small business in the current environment. It can be difficult to get needed supplies, prices keep going up, and it can be stressful trying to grow your business. Luckily there are a few tax breaks that can make running a business a little bit easier. Enhanced business meal deduction If you
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