by Imperial Business Management | Jul 7, 2021 | Tax Tips and News
For self-employed taxpayers and household employers, it’s time, as they say, to pay the piper. The CARES Act—also known as the Coronavirus Aid, Relief and Economic Security Act—gave these specific taxpayers permission to defer paying certain Social Security taxes for...
by Imperial Business Management | Jul 2, 2021 | Tax Tips and News
Monthly Advance Child Tax Credit payments are set to begin in two weeks. While it’s too late to change the bank account that will receive the July 15 payment, qualifying taxpayers can now use a tool on IRS.gov to update their information before the August...
by Imperial Business Management | Jul 2, 2021 | Tax Tips and News
New guidance from the Internal Revenue Service and the Treasury Department is aimed at keeping the lights on at renewable energy projects delayed by the COVID-19 pandemic. Previous IRS notices gave eligible renewable energy projects a Continuity Safe Harbor, giving...
