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Work Opportunity Credit Helps to Counter Hiring Crunch

by Imperial Business Management | Sep 26, 2021 | Tax Tips and News

The American job market is a changing landscape these days. A year ago, the big push was to retain workers in the midst of the COVID-19 pandemic. Now the need is to find new workers to staff a growing economy. To help do just that, the Internal Revenue Service points...

Charitable Deductions for Non-Itemizers

by Imperial Business Management | Sep 24, 2021 | Tax Tips and News

Recent changes in the tax regulations to help ease the burdens of the pandemic could lead to lower tax bills at filing time for some Americans. The new benefits allow taxpayers who do not itemize to take advantage of donations to charity—at least for a while. The...

IRS Issues Extension Deadline Reminder

by Imperial Business Management | Sep 21, 2021 | Tax Tips and News

This time of year, filing our income taxes may not top the other concerns of the day. Fall weather, school days and football all tend to take center stage. That said, we could all probably use a reminder that if a taxpayer filed an extension back in May, their income...

Employee or Independent Contractor?

by Imperial Business Management | Sep 17, 2021 | Tax Tips and News

Choose wisely; that’s the message from the Internal Revenue Service to business owners when it comes to deciding whether people who provide services to the company are employees or independent contractors. Generally, anyone is considered an employee if they provide...

Louisiana Dyed Fuel Relief Extended

by Imperial Business Management | Sep 17, 2021 | Tax Tips and News

To help compensate for a shortage of diesel fuel in the wake of Hurricane Ida in Louisiana, the Internal Revenue Service has extended its relief measures basically allowing dyed diesel fuel to be temporarily sold and used for highway purposes. This latest announcement...
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