Topics to Discuss with Business Clients This Tax Season

Here we are! Only two weeks away from the official start of filing season. As we here at Powerful Accounting are getting ready for the marathon,...

Implications of Changing the 4/15/2020 Due Date

If the last month has felt like an episode of the Twilight Zone for you, let me tell you that you are not alone. Let's dive into the 4/15/2020 deadline change and every implication to you and your clients.

Highlights of the Employee Retention Credit

What is it? The Employee Retention Credit is a fully refundable tax credit equal to 50% of qualified wages that Eligible Employers pay their...

Common Form 7200 Errors

The IRS has issued a list of common errors seen in filings that tax preparers should avoid when preparing Form 7200, Advance Payment of Employer...

Live with Liz + Will: PPP Application Forgiveness, advisory and more

On May 22 (2020), TPN Editor Liz Mason and Gusto's Head of Accountant Community Will Lopez went live on the Tax Practice News Facebook...

Managing the Client Conversation

As of today, February 6, Powerful Accounting has completed and filed over 25 tax returns.  The conversations with clients have been interesting to say...

Economic Impact Payments – Who, What, When, Where & Why

Last week the IRS began distributing economic impact payments to millions of Americans as part of the Coronavirus Aid, Relief and Economic Security Act (CARES...

Federal Reserve Announces Additional $2.3 Trillion in Available Loans to Businesses

This morning, the Federal Reserve announced another step the United States Government is taking to bolster the economy through this global pandemic.

Forbes: Payroll Tax Cut Starts September 1

President Donald Trump issued a payroll tax holiday through an executive memorandum, that began on September 1, 2020. There has been a lot of...

The IRS Released Another IFR on PPP This Week

This IFR has been updated for the laws that congress recently passed. Access it here.

Stay connected

- Advertisement -

Latest article

Upcoming Educational Webinars on Insightful Accountant: Automating A/P, Spend Management & Firm Growth

Here are a few upcoming educational webinars from Insightful Accountant: Manual Payables Damages Business Visibility | April 20, 2021 at 2:00 p.m. Eastern Time This webinar...

New ADP DataCloud Capabilities Help Businesses Understand Diversity, Staffing and Compensation

How can employers take action to advance Diversity, Equity and Inclusion (DEI) within their businesses? How can employers benefit from access to people data...

Mitigate Your Clients’ Business Risks with an Automated Payables Workflow

Most business owners are well aware of the need to stay current on their accounts payable in order to retain control of their cashflow....