Article Highlights:
Background
Court Battle
Forgiveness Under Income-Driven Repayment (IDR) Plans
Debt Relief Income
American Rescue Plan Act
General Welfare Exception
Insolvent Taxpayer Exclusion
Employer-Provided…
https://www.islernw.com/wp-content/uploads/2023/08/Blog-header-image-tax-implications-of-student-loan-forgiveness-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-08-18 12:00:012023-08-02 20:03:14Tax Implications of Student Loan Forgiveness
Article Highlights:
Mid-Year Planning
Avoiding Unpleasant Surprises
Events That Have Tax Consequences
Waiting until after the close of the tax year to worry about your taxes can result in missed opportunities that could have reduced…
If you've been paying attention to the news recently, you're no doubt well aware that artificial intelligence is a topic of much discussion. Thanks largely due to the launch of ChatGPT and the potentially disruptive implications of what this…
https://www.islernw.com/wp-content/uploads/2023/07/Blog-header-image-nvidia-wasnt-born-an-ai-juggernaut-but-it-certainly-did-become-one-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-08-14 12:00:452023-07-28 06:17:03Nvidia Wasn’t Born an AI Juggernaut, But It Certainly Did Become One
Article Highlights:
Distinguishing Employee and Independent Contractor
State Legislation
Federal Guidelines
Partners
Advantages of Independent Contractor Status
Form SS-8
SE Tax
Form 8919
Penalties for Misclassifying…
https://www.islernw.com/wp-content/uploads/2023/07/Blog-header-image-employee-or-independent-contractor-a-primer-for-employers-and-employees-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-08-10 12:00:062023-07-25 22:17:38Employee or Independent Contractor – A Primer for Employers and Employees
August 2023 Individual Due Dates
August 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during July, you are required to report them to your employer on IRS Form 4070 no later than…
https://www.islernw.com/wp-content/uploads/2023/07/Blog-header-image-important-august-2023-tax-due-dates-payments-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-07-28 12:00:522023-07-28 06:18:20August Due Date Reminders
According to one recent study, replacing an employee who has left your business can cost between 50% to 60% of that person's salary. This is why it's virtually always more expensive to hire a new person than it is to simply retain one of your…
https://www.islernw.com/wp-content/uploads/2023/07/Blog-header-image-New-Employee-Onboarding-best-practices-factors-to-consider-for-success-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-07-26 12:00:162023-07-25 21:19:07New Employee Onboarding Best Practices: Factors to Consider for Success
Due to the admittedly complicated nature of the tax code in the United States, the idea that someone might experience issues when filing is not exactly unheard of. Oftentimes people will calculate certain aspects of their returns wrong, fail…
https://www.islernw.com/wp-content/uploads/2023/07/Blog-header-image-when-tax-issues-become-a-criminal-situation-in-the-eyes-of-the-IRS-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-07-19 12:00:482023-07-25 21:45:05When Tax Issues Become a Criminal Situation in the Eyes of the IRS
Parents - especially new ones - are always looking for new ways to improve the lives of their children. Surprisingly, one of the most effective opportunities that people also often overlook has to do with starting a savings account for that…
https://www.islernw.com/wp-content/uploads/2023/07/Blog-header-image-Why-never-Too-Early-to-Start-Savings-Account-for-Your-Children-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-07-13 12:00:132023-07-19 20:16:39Why It’s Never Too Early to Start a Savings Account for Your Children
Article Highlights:
100% Business
Primarily Vacation
Primarily Business
Special Circumstances
Foreign Conventions, Seminars, and Meetings
Cruise Ships
Spousal Travel Expenses
Note: the business expenses discussed in…
https://www.islernw.com/wp-content/uploads/2023/07/Blog-header-image-Can-Self-Employed-Taxpayer-Mix-Business-and-Pleasure-During-Foreign-Travel-and-Still-Get-a-Tax-Deduction-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2023-07-11 12:00:062023-07-19 20:14:25Can a Self-Employed Taxpayer Mix Business and Pleasure During Foreign Travel and Still Get a Tax Deduction?
Tax Implications of Student Loan Forgiveness
Student LoansMid-Year Tax Planning Checklist 2023
Tax Planning, Tax Tips, TaxesNvidia Wasn’t Born an AI Juggernaut, But It Certainly Did Become One
TechnologyEmployee or Independent Contractor – A Primer for Employers and Employees
Employees, Self-EmploymentAugust Due Date Reminders
Due DatesNew Employee Onboarding Best Practices: Factors to Consider for Success
Business Development, EmployeesTax Changes Coming After 2025
Tax Planning, Tax ReformWhen Tax Issues Become a Criminal Situation in the Eyes of the IRS
Tax Planning, TaxesWhy It’s Never Too Early to Start a Savings Account for Your Children
SavingsCan a Self-Employed Taxpayer Mix Business and Pleasure During Foreign Travel and Still Get a Tax Deduction?
Self-Employment, Taxes