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Employer Retention Credit (ERC), most recent update

Employer Retention Credit (ERC): The employee retention credit (“ERC”) was introduced and enacted as part of the CARES Act to provide a refundable payroll credit for eligible employers, including nonprofit organizations, whose businesses have been negatively impacted by the pandemic. An employer qualifies for the ERC if it (1) fully or partially suspends its operations […]

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Biden Tax Plan

There have been big changes in the tax law. However, such changes need to be enacted by Congress to become law and therefore any provisions discussed could be revised or eliminated. The Country should be taking steps towards simplifying the tax law for the individual but also for corporations. It’s time for tax reform in

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What you need to know about Pre-Immigration tax planning (For Green Card Holders)

Tax Planning The United States of America is still the land of Dreams & Opportunities for many people and attracts immigrants from all over the world. The desired Green Card not only opens the door to career opportunities but also to new tax responsibilities. Pre-immigration tax planning, helps to avoid surprises and optimize the tax

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Internal Revenue Service – IRS phone numbers

IRS Phone Numbers: At this time international revenue services (IRS) live phone number assistance is extremely limited. Call 800-919-9835 for economic impact payment questions. By calling 800-829-1040 contact an international revenue services (IRS) customer services representative to correct any agency errors. Monday to Friday, 7 a.m. to 7 p.m. customer services representatives are available. For

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