23 Nov

Depreciation is an annual tax deduction that allows small businesses to recover the cost or other basis of certain property over the time they use the property. It is an allowance for the wear and tear, deterioration, or obsolescence of the property. Small businesses can depreciate property when…

08 Jan

Have you been shopping at your local businesses? Here are three reasons to stay local! 1. Community well-being Locally-owned businesses help build strong communities by linking neighbors of different backgrounds together. They build economic and social relationships within the community while also supporting local causes! 2. Keeping your money in the…

08 Jan

Despite the government shutdown, the Internal Revenue Service confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled."We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I appreciate the hard work of the employees and their commitment…

08 Jan

Expecting a refund? Most filers can expect a refund check to be issued within 21 days of the IRS receiving a return. However, it's possible your tax return may require more review and take longer. The IRS website offers a valuable tool to check on the status of…