Nonprofits

7 Valuable Deductions for Self-Employed Individuals

If your business was forced to close due to the pandemic, you may be itching to get back in the…

Plan ahead for the 3.8% Net Investment Income Tax

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there…

Still have questions after you file your tax return?

Even after your 2020 tax return has been successfully filed with the IRS, you may still have some questions about…

Is Your Staff Firing on All Cylinders? 6 Key HR Issues for 2021

Is Your Staff Firing on All Cylinders? 6 Key HR Issues for 2021

Enduring a global pandemic may not be as traumatizing as military combat, but in both cases, the aftereffects can linger….

May 17 Tax Day

Tax filing deadline is coming up: What to do if you need more time

“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May…

Liabilities for Unused Time Off Mount as Pandemic Lingers

During the pandemic, many employees have postponed using their allotted paid time off until COVID-related restrictions are lifted and safety…

Second Quarter Estimated Taxes

Why it’s important to meet the tax return filing and payment deadlines

The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and…

illustrated hand holding megaphone blaring update on red background

Additional Retail Sales and Use Tax in Charlotte, Gloucester, Northampton and Patrick Counties

Virginia Tax is announcing that effective July 1, 2021, a new 1% additional retail sales and use tax will be levied…

Percent

ALERT: State Minimum Wage Increases May 1

The minimum wage in Virginia will increase to $9.50 on May 1, 2021. This is the first of several scheduled increases…

UPDATE: Paycheck Protection Program - Extended to May 31

UPDATE: Paycheck Protection Program – Extended to May 31

On March 30, 2021, President Biden signed the PPP Extension Act of 2021 into law, extending the Paycheck Protection Program…