IRS’s Dirty Dozen
Each year, the IRS publishes a list of the twelve most common tax scams. What are the dirty dozen? … [Read more...] about IRS’s Dirty Dozen
General Ledger
Cancellation of Debt Income
In the current crisis, more taxpayers than usual are unable to pay their bills and are seeking debt forgiveness. The general rule is that cancelled debts are included in the income of the taxpayer. However, exceptions may allow the taxpayer to … [Read more...] about Cancellation of Debt Income
Hobby Income
It Might be a Business after all If you have income from sources other than your main job, how do you know whether it’s income from a business or hobby? Like many of us, you’ve probably dreamed of turning a hobby or pastime into a regular … [Read more...] about Hobby Income
Mid-Year Tax Checkup
As you complete your tax return this year, are you surprised by the amount of your balance due or refund? Many people are unpleasantly surprised by the balance due. How can you prepare so that tax time is, if not pleasant, at least less … [Read more...] about Mid-Year Tax Checkup
HELPFUL TOOLS FOR BUSINESSES
Small Business Loans Small Business Guidance & Loan Resources — Guidance from the U.S. Small Business Administration. Remote Meeting Tools Zoom — Free (with some limitations) Webex — Free MS Teams — Free (nearly … [Read more...] about HELPFUL TOOLS FOR BUSINESSES
Bush and Sons Collision
Bush & Sons Collision is independently owned and operated. We have over 40 years of experience in the collision business with 35 years at our 2 Fluvanna Avenue shop in Jamestown, NY. With over four decades of experience, Dave can take care of … [Read more...] about Bush and Sons Collision
