by Leif Jensen | Dec 20, 2023 | Rant |
If you are claiming after the fact ERC refunds you need to amend filed payroll tax returns. The IRS has issued special statues of limitations for amending: For 2020 payroll tax returns, statute closes 4-15-24 For 2021 payroll tax returns, statue closes 04-15-25 If...
by Leif Jensen | Dec 18, 2023 | Rant |
Due to the perceived popularity of the ERC firms have been popping up and promoting the ERC. While this has been going on the IRS has been issuing advisory warnings of third parties promoting improper ERC claims to employers who may or may not qualify for the ERC. ...
by Leif Jensen | Dec 13, 2023 | Rant |
As someone who has an MBA, but not from a prestigious school. I didn’t have a mentor when I truly needed one. I was surprised to read that large firms are on hold with new hires. Imaging spending at least two years working on your future and being surprised that those...
by Leif Jensen | Dec 11, 2023 | Rant |
I am always curious on a number of topics as this blog has shown in the past. The latest instance was who is reading in the us and what are they reading? So, I found a 2022 Nation survey on US reading statistics. Here are their parameters. “The pandemic shifted the...
by Leif Jensen | Dec 6, 2023 | Running a Business |
For 2023 employers need to electronically file their 1099’s if they are issuing 10 or more! Most vendor charge a $3 fee per form for submission, but you have to retype in all the information. The final regulations reflect changes made by the Taxpayer First Act (TFA)...
