by the Storen Team | Feb 1, 2023 | Businesses, Resources, Resources for Businesses, Taxes
Diving Deeper into Complex Tax Law Changes Last month, the Storen Financial tax team completed a two-day training session led by Tax Services Manager, Kim Storen. Over the course of this training, we focused on collaboration of processes, new tax law updates, forms...
by the Storen Team | Jan 6, 2023 | Ed Slott, Financial Planning, Resources, Resources for Businesses, Retirement
Article from Ed Slott and Company, LLC – Sarah Brenner, JD, Director of Retirement Education This holiday season Congress has given us SECURE 2.0. With no time to spare to avoid a government shutdown, they passed the $1.7 trillion Consolidated Appropriations Act...
by the Storen Team | Oct 7, 2022 | Businesses, Resources, Resources for Businesses, Taxes
Business Tax Transcripts For those businesses looking to access their online IRS accounts, many have discovered they can’t access their tax information online at all. When asked about this, the FAQ page of the IRS responds, “IRS plans to develop an online account for...
by the Storen Team | Sep 7, 2022 | Businesses, QuickBooks, Resources, Resources for Businesses
QuickBooks Desktop has moved to a subscription-based platform Are you aware of the recent changes to QuickBooks Desktop? QuickBooks Desktop has recently moved from a one-time purchase option to a subscription-based platform, with monthly or yearly payment...
by the Storen Team | Aug 9, 2022 | Businesses, Resources, Resources for Businesses, Tax FAQs, Taxes
The basics of tax estimates: What, Who, and Why Everyone must pay the federal government taxes as they earn or receive income during the year. In other words, our income tax system is a pay-as-you-go system. If you wait until April 15th of the following year to pay...
by the Storen Team | Aug 4, 2022 | Business 1099, Business Coaching, Businesses, Resources, Resources for Businesses, Taxes
New Reporting Requirements for 1099-K Article from CPA Practice Advisor It used to be that receiving a Form 1099-K was relatively rare. The form, technically known as Form 1099-K Payment Card and Third-Party Network Transactions was used to report payments received...
