Stimulus Update

Stimulus Update

If you did not receive your stimulus check, there is a process for getting missed payments. Here is how you do it: If you did not receive the 1st or 2nd stimulus payments, the first thing you need to do is create an account on irs.gov. That will show you your tax records including the stimulus […]

Small Businesses Feel Brunt of Coronavirus

Small Businesses Feel Brunt of Coronavirus

If you are the owner of a small business you are already well aware of the devastation that the coronavirus has caused, particularly for those with four or fewer employees. You’re not alone. As this outbreak continues U.S. businesses are struggling to survive. The pandemic has resulted in layoffs, closures, and loss of income for […]

Important Reminders Before Filing 2020 Tax Returns

Important Reminders Before Filing 2020 Tax Returns

WASHINGTON — Following an unpredictable year with many changes and challenges, the Internal Revenue Service today shared important reminders for taxpayers who are about to file their 2020 federal tax returns. Related Articles The Most Efficient Tax Strategies: Everything You Need to Know for Your IRS Tax Return 2021 Form 1040-EZ vs 1040A vs Form […]

What Medical Professionals Should Know About Accounting

What Medical Professionals Should Know About Accounting

New developments and adaptations of technology and procedures within the medical profession are what drive our CPA firm to adapt our procedures to this dynamic and exciting industry. Our experienced professionals are specialists in accounting for the medical professional. Marcus, Fairall, Bristol is positioned to assist you in your professional practice with medical-based financial accounting […]

What Questions Should I Ask a Business Accountant?

What Questions Should I Ask a Business Accountant

If you’re a business owner, hiring an accountant for expert advice is a good idea for your finances. So before you book an appointment, here are some questions you may want to ask your business accountant.  Related Articles What does an Accountant Do? When to Hire a Forensic Accountant? How Small Business Owners Can Manage […]

What Are Federal Tax Liens? A Complete Overview

FEDERAL TAX LIENS

What is a federal tax lien? When a federal tax bill goes unpaid, the government imposes – a penalty – or lien- against certain property and property rights. In general, a tax lien serves to guarantee the payment of a debt. For IRS purposes, the taxable property includes but is not limited to income taxes, […]