Zip Bookkeeping

https://zipbookkeeping.com/2024/08/04/common-bookkeeping-mistakes-to-avoid/

Common Bookkeeping Mistakes to Avoid - ZipBookkeeping Bookkeeping is a critical part of running a successful business, but it’s easy to make mistakes that can lead to financial issues down the road. By understanding and avoiding common bookkeeping errors, you can maintain accurate records, ensure compliance with tax laws, and make more informed busin...

https://www.cnbc.com/2021/11/16/child-tax-credit-may-drop-to-1000-from-3600-per-kid-after-2025.html

Child tax credit may plunge to $1,000 from $3,600 per kid after 2025 The tax break for parents is poised to revert to its level before the 2017 Tax Cuts and Jobs Act unless Congress intervenes.

https://finance.yahoo.com/news/still-stimulus-child-tax-credit-120017026.html

You Can Still Get Your Stimulus and Child Tax Credit Checks By Filing 2020 Taxes Before These Dates If you still haven't received one of your stimulus checks or monthly advance Child Tax Credit payments, you may still be able to receive your money. The IRS recently released new deadline dates to...

https://www.forbes.com/sites/forbestechcouncil/2021/09/21/four-ways-to-build-a-more-resilient-and-future-proof-business/

Council Post: Four Ways To Build A More Resilient And Future-Proof Business It's now more important than ever for business leaders to look at the factors that build long-term business resilience.

Reconciliation is a critical step to ensuring your books are accurate and up to date!

https://www.google.com/amp/s/amp.usatoday.com/amp/4176228001

IRS tax season 2021 officially kicks off Feb. 12. Here’s why it starts so late The IRS will begin accepting and processing 2020 tax returns on Feb. 12. But why so late this year?

https://www.google.com/amp/s/amp.usatoday.com/amp/3921356001

COVID-19 relief package: $600 stimulus checks, $300 bonus for federal unemployment benefits in new deal Lawmakers struck a nearly $900B COVID-19 stimulus deal Sunday that would deliver badly needed aid to millions. Here's what is in the package.

https://www.google.com/amp/s/www.cnet.com/google-amp/news/second-stimulus-check-may-bring-you-a-bigger-payment-no-matter-when-it-arrives/

Second stimulus check may bring you a bigger payment, no matter when it arrives President Trump is actively advocating for a new $1,200 stimulus check. If it happens, a new rule could bring your family more money than the first check did.

As per the IRS - Taxes must be paid as you earn or receive income during the year, either through withholding or estimated tax payments. If you don’t pay enough tax through withholding and estimated tax payments, you may be charged a penalty. You also may be charged a penalty if your estimated tax payments are late, even if you are due a refund when you file your tax return.

Individuals, including sole proprietors, partners, and S corporation shareholders, generally have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.

Corporations generally have to make estimated tax payments if they expect to owe tax of $500 or more when their return is filed.

Learn more:
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes

https://www.google.com/amp/s/www.wsj.com/amp/articles/next-steps-on-coronavirus-stimulus-package-divide-both-parties-11597839370

Next Steps on Coronavirus Stimulus Package Divide Both Parties Lawmakers from both parties are growing increasingly worried by the stalemate over a coronavirus aid package, but internal divisions on each side are complicating their efforts to propose new measures.

https://www.google.com/amp/s/www.cnbc.com/amp/2020/07/26/kudlow-says-coronavirus-relief-will-include-1200-checks-and-extension-of-eviction-moratorium.html

Kudlow says coronavirus relief will include $1,200 checks and extension of eviction moratorium "There's a $1,200 check coming, that's going to be part of the new package," Kudlow said in an interview on CNN.