Skip to content
Tortolano & Company LLC | Accounting & Bookkeeping | Consulting | Payroll | Tax
Menu
  • Services
    • Accounting & Bookkeeping
    • Billing & A/R Management
    • Cost Reports
    • Payroll Processing
    • Management Consulting
    • Tax Preparation
      • Individual Tax Services
    • Home Health & Hospice
    • Physicians & Providers
    • Small Businesses
  • About
    • Careers
  • Blog & News
  • Contact
  • Client Login
    • Client Portal
    • File Drop
    • My 1040 Tax Organizer
    • Payroll Portal
  • (603) 501-7100

Category: Tax

Tax

What’s the Difference Between a Hobby and a Business for Tax Purposes?

A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making …

Tax

Refunds are Taking Longer than Usual to Process this Year. Time is Running Out to File Your Return!

Even though the IRS issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer. The IRS is understaffed …

Tax

Do You Own a Rental Property? Avoid these Common Mistakes and Keep More of Your Money!

Do you have a beach or mountain home that you rent out? If the average period of rental is less than 30 days, you likely have a choice—either claim the …

Tax

Remember – Gig Economy Earnings from Apps and Other Employers and Cryptocurrency Gains are Taxable!

Gig economy earnings are taxable Generally, income earned from the gig economy is taxable and must be reported to the IRS. The gig economy is activity where people earn income …

Tax

Taxpayers Can Now Sign Up for an IRS Online Account Without Submitting Biometric Data

An important update from IRS.gov: “The IRS announced today that a new option in the agency’s authentication system is now available for taxpayers to sign up for IRS online accounts …

Tax

File Your 2021 Tax Return as Soon as Possible to Take Advantage of Credits from the American Rescue Plan!

This year many filers can take advantage of unique tax benefits included in the American Rescue Plan and other recent legislation. Often, individuals and families can get these expanded tax benefits, …

Accounting / Tax

W-2 and Other Wage Statements Must be Filed by January 31st!

All employers need to be aware of the January deadline to file Forms W-2 and other wage statements. Filing these documents timely helps employers avoid penalties and helps the IRS …

Tax

Tax Filing Season Begins on January 24th! Don’t Wait Until the Last Minute – Get Ready Today!

The Internal Revenue Service announced that the nation’s tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. …

COVID-19 / Tax

Didn’t Receive an Economic Impact Payment in 2021? Watch Out for a Letter from the IRS that Can Help You Claim It!

The IRS will begin issuing Letter 6475, Your Third Economic Impact Payment, to EIP recipients in late January. This letter will help Economic Impact Payment recipients determine if they are …

COVID-19 / Tax

Did You or Your Employer Defer Social Security Taxes in 2020? Half of the Deferred Amount is Due on January 3, 2022!

The IRS reminds employers and self-employed individuals that chose to defer paying part of their 2020 Social Security tax obligation that a payment is due on January 3, 2022. Most …

Posts navigation

Older posts
Newer posts

Call Us:

(978) 388-5500

(603) 501-7100

Email Us:

info@tortolanoandco.com

or Use the Form Below:






    Your Name (required)

    Your Email (required)

    Your Phone Number (required)

    Your Message

    Insights & News

    • 72 or Older? Start Withdrawals from IRAs and Retirement Plans to Avoid Penalties!
    • Getting Ready to File Your 2022 Taxes – Get Organized NOW to Get Your Refund ASAP!
    • Tax Filing Websites Have Been Sending Users’ Financial Information to Facebook. Be Careful Who You Trust with Your Personal Information!
    • November 2022 Updates to Medicare’s Care Compare for Hospice Providers
    • 401(k) Contribution Limit Will Increase to $22,500 for 2023, IRA Contribution Limit Will Increase to $6,500

    Insights & News

    • 72 or Older? Start Withdrawals from IRAs and Retirement Plans to Avoid Penalties!
    • Getting Ready to File Your 2022 Taxes – Get Organized NOW to Get Your Refund ASAP!
    • Tax Filing Websites Have Been Sending Users’ Financial Information to Facebook. Be Careful Who You Trust with Your Personal Information!

    Contact Us

    Phone: (603) 501-7100
    Fax: (888) 399-7950
    info@tortolanoandco.com

    Seabrook Office
    1 Walton Road
    Seabrook, NH 03874

    Exeter Office
    127 Water Street
    Exeter, NH 03833

    Important Links

    • Services
    • Solutions
    • About Us
    • Insight & News
    • Privacy & Terms
    • Contact Us
    Copyright © 2023 Tortolano & Company LLC
    CONTACT US