Scam Alert Targeting Physicians

Watch out for a phone scam in which callers pose as agents or investigators for the US Drug Enforcement Administration (DEA) or the state Board of Registration in Medicine (BORIM). If you receive a suspicious call, don’t provide any personal info or agree to...

Planning for Your Child’s Summer Job

It’s a rite of passage for teens to get their first summer job.  Whether working in retail, hospitality, landscaping or another industry, make sure your child starts their employment off on the right foot using our tips below. Completing your child’s Form W-4...

SECURE 2.0 Revises Retirement Planning Opportunities

SECURE 2.0 Act, enacted at the end of 2022, revises retirement planning opportunities for taxpayers. Based on the 2019 Setting Every Community Up for Retirement Enhancement Act (SECURE Act), the law helps individuals better prepare for retirement and saving. The...

Q&A About Staffing Issues With Our Firm’s Payroll Manager Greta

Q:  We have a Temp hygienist who we are interested in hiring.  Her hours would not be consistent, mostly coverage for vacations and an upcoming maternity leave.  She seems to have been coached by a temp agency and personal accountant that being a W2 employee is the...

Estimated Taxes For the 2nd Quarter 2023 Are Due Thursday, June 15

If we set up for you to pay quarterly estimated taxes, please make your Q2 payment by June 15th. Generally, taxpayers who are self-employed, are shareholders in S-Corporations that typically pay out distributions in addition to the wages paid to the owners, partners...