Dear Friend, At a recent gathering of leading tax professionals, a senior Department of Justice official delivered a message that should catch the attention of business owners across the country: the DOJ is intensifying investigations where employment taxes are an issue. While these investigations may stem from concerns at the...
Dear Readers, A major tax and spending bill has advanced through the U.S. House of Representatives and is now under consideration by the Senate. Among other provisions, the bill proposes tax breaks on tips and car loans, but more importantly for our business clients, the bill includes significant changes to...
With state and federal tax filing deadlines now in the rearview mirror, we are turning our sights on another. The closing of the Employee Retention Credit (ERC) claim window back on April 15, 2025. While claims can no longer be filed, an estimated 597,000 claims remain unprocessed. Given the uncertainty...
If you still have not filed your 2024 income tax returns, or can’t pay what you owe, fear not. We are only one week away from the April 15 deadline. But there is still time to file an extension and enjoy peace of mind. One caveat – we need to...
With April 15 looming only days away, preparing and filing your tax returns on time is likely top of mind. It’s definitely top of ours – especially since there are changes in federal tax law that impact 2024 returns as well as taxable income in the present and foreseeable future....
If your business is taxed as a partnership (including multi-member LLCs) or an S corporation, your federal tax return is due March 17, 2025. This deadline applies to businesses filing Form 1065 (partnerships) or Form 1120-S (S corporations) on a calendar-year basis. If your business operates on a fiscal year,...
If You’re Facing ERC Challenges, Act Now Delays, denials, or audits holding up your Employee Retention Credit? Don’t wait for problems to solve themselves – Moskowitz LLP is here to help. Recent developments have made the ERC landscape more complex than ever. With the possibility that the President could end...
As the holiday season approaches, it’s time to tie up loose ends and prepare for a successful new year. At Moskowitz LLP, we’re here to help with bookkeeping cleanup services that provide clarity and confidence heading into 2025. Plus, don’t miss our exclusive 10% discount on 2024 tax preparation services...
Happy Holidays from Moskowitz LLP! Take 10% off 2023 tax preparation services if you retain Moskowitz LLP during the month of December. And if you're avoiding some unpleasant tax realities this season, rest assured: tax trouble is no joke. In this newsletter, get a spotlight on how Moskowitz LLP can...
Getting proactive about your 2023 taxes doesn’t have to be hard. Take 10% off tax preparation from Moskowitz LLP in December. And we’d like to welcome Managing Attorney Paul Vargas, LLM to his new leadership position at the firm. Get 10% off Tax Preparation in December It’s November. But as...
