Article Highlights:
IRS's Current Position on ERC Claims
High-Risk Claims
Medium-Risk Claims
Low-Risk Claims
Availability of a Voluntary Withdrawal Program
Businesses with Unprocessed Claims
Businesses with Uncashed Refund…
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New research indicates that children living in Seattle experienced a significant decrease in body mass index (BMI) following the implementation of the city's soda tax. This tax, aimed at reducing the consumption of sugary beverages, has not…
https://www.islernw.com/wp-content/uploads/2024/07/Blog-header-image-impact-of-seattle-soda-tax-IRS-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-06-11 12:00:222024-07-03 07:03:44From Sugary Sips to Slimmer Kids – The Real Impact of Seattle’s Soda Tax
Ditching manual transaction entry should be your number one priority now that QuickBooks Online streamlines the process of importing transactions from your bank. When you manually input transactions, you open the door to data transposition errors,…
https://www.islernw.com/wp-content/uploads/2024/06/Blog-header-image-quickbooks-say-sayonara-to-manual-data-entries-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-06-06 12:00:412024-06-20 04:35:35Say Sayonara to Manual Transaction Entry in QuickBooks Online
High-net-worth individuals face unique challenges in managing their wealth, particularly when minimizing tax liabilities. Our firm offers expert guidance that will help you keep more of your money year after year.
Whether you own rental properties…
https://www.islernw.com/wp-content/uploads/2024/06/Blog-header-image-tax-strategies-high-net-worth-keep-your-money-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-06-04 12:00:402024-06-20 04:35:58Keep More of Your Money: Top 12 Tax Strategies for the High-Net-Worth
When tax season rolls around every year, many pet owners wonder if they can get a tax break for their furry companions – after all, “pet parents” often consider their fur babies to be as much a part of the family as actual children.
Pet…
https://www.islernw.com/wp-content/uploads/2024/05/Blog-header-image-Purr-fect-Savings-The-Secrets-of-Pet-Tax-Deductions-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-05-31 12:00:382024-05-31 05:11:54Purr-fect Savings: The Secrets of Pet Tax Deductions
June 2024 Individual Due Dates
June 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during May, you are required to report them to your employer on IRS Form 4070 no later than June…
https://www.islernw.com/wp-content/uploads/2024/05/Blog-header-image-important-june-2024-tax-due-dates-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-05-30 12:00:372024-05-31 05:12:07Important June 2024 Due Dates
In the face of slowing economic times and rising labor costs, small and medium-sized businesses (SMBs) must find innovative ways to maintain profitability across all industries. One way to increase productivity and streamline day-to-day operations…
https://www.islernw.com/wp-content/uploads/2024/05/Blog-header-image-smarter-headcount-management-with-ai-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-05-22 12:00:382024-05-31 05:12:21Smarter Headcount Management with AI
Article Highlights:
Why We Keep Records
Audit Defense
Amending Returns
Claiming Refunds
Tax Basis
Duration for Keeping Tax Records
Federal Statute of Limitations on Tax Refunds
Tax Return Omissions
Indefinite…
https://www.islernw.com/wp-content/uploads/2024/05/Blog-header-image-critical-timing-of-disposing-of-your-tax-records-safely-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-05-16 12:00:392024-05-31 05:12:44Think Twice Before Tossing: The Critical Timing for Disposing of Your Tax Records Safely
Article Highlights:
Exclusions from Gift and Estate Taxes
Annual Gift Tax Exclusion
Gifts for Medical Expenses and Tuition
Lifetime Exclusion from Gift and Estate Taxes
Spousal Exclusion Portability
Qualified Tuition Programs
…
https://www.islernw.com/wp-content/uploads/2024/05/Blog-header-image-gift-and-estate-tax-primer-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-05-14 12:00:012024-05-01 20:12:14Gift and Estate Tax Primer
Payroll taxes can be a significant headache for many small—to medium-sized business owners. Without proper education, entrepreneurs can find themselves in trouble with the IRS and state tax agencies. Fortunately, if you’ve been struggling…
https://www.islernw.com/wp-content/uploads/2024/05/Blog-header-image-payroll-management-a-complete-guide-for-smbs-Isler-Northwest-CPAs-in-Portland-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2024-05-09 12:00:002024-05-01 20:12:00Payroll Management: A Complete Guide for SMBs
Breaking News: The IRS Has Just Updated Their Position Related to Denying or Paying Employee Retention Credit (ERC) Claims
Finance, Finance Tips, Small Business, Tax CreditsFrom Sugary Sips to Slimmer Kids – The Real Impact of Seattle’s Soda Tax
Economics, Economy, Tax News, US NewsSay Sayonara to Manual Transaction Entry in QuickBooks Online
QuickbooksKeep More of Your Money: Top 12 Tax Strategies for the High-Net-Worth
Finance, Finance Tips, Financial PlanningPurr-fect Savings: The Secrets of Pet Tax Deductions
Deductions, Tax Planning, Tax RefundImportant June 2024 Due Dates
2024 Due DatesSmarter Headcount Management with AI
Business, Business Development, TechnologyThink Twice Before Tossing: The Critical Timing for Disposing of Your Tax Records Safely
Finance Tips, Financial PlanningGift and Estate Tax Primer
Tax Refund, TaxesPayroll Management: A Complete Guide for SMBs
Small Business