As many are well aware, the federal income tax filing due date for individuals, for the 2022 tax year, is approaching fast. Due date is Tuesday, April 18, 2023. If you feel you need more time, there’s no need to worry. Filing a tax extension is an option, and...
The end of the year is rapidly approaching. If you are wondering if it is necessary to issue 1099’s, then let us help you determine that. We have listed some common questions and answers related to 1099’s. What is a 1099? This is a form issued to a...
There are many people who may have question regarding the Employee Retention Credit (ERC) that became available for businesses during the Covid-19 pandemic. Below is a helpful article to decifer the facts about the ERC. As always, Senter, CPA is here to help. If you...
It is nearing the end of the year. It is perfect time to assess your tax situation for the coming years tax return. Considering the current state of the economy/market, this year may be as important as ever for good tax planning. While we don’t know how 2022 will end...