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Tag: Accountants NH

Tax

Receiving the Child Tax Credit? Did You Have Changes to Your Income? Enter Any Updates on the IRS Portal ASAP!

Today, November 1, the IRS is launching a new feature allowing any family receiving monthly Child Tax Credit payments to update their income using the Child Tax Credit Update Portal …

Accounting / Small Business Today / Tax

Are You Deducting Your Depreciating Assets? If Not You Might Be Able to Keep More Money in Your Pocket.

Are you thinking about buying personal property (such as a car, a computer, or other equipment) or real property (such as a building)? If you use the property for personal …

Tax

The IRS Begins Sending October Child Tax Credit (CTC) Payments. There’s Still Time to Sign Up!

Families are now receiving their advance Child Tax Credit (CTC) payment for the month of October. This fourth batch of advance monthly payments, totaling about $15 billion, is reaching about …

Tax

Take a Fresh Look at Your Tax Withholdings as 2021 Draws to a Close

The last quarter of 2021 is a good time to check your tax withholding. Life brings constant changes to individual financial situations. Events like marriage, divorce, a new child or …

Tax

Thinking About Withdrawing from Your Roth IRA? Make Sure You Know the Tax Consequences Before You Do!

Some Roth IRA withdrawals are taxable. Even worse, some can be socked with a 10 percent early withdrawal penalty tax, and this can happen even when there’s no income tax …

Small Business Today

Are Your Company’s Independent Contractors Considered Employees Under the Law?

Millions of American businesses hire independent contractors to perform all types of services. And millions of American workers prefer to work as contractors rather than employees. Indeed, due to the …

Tax

What Employers Need to Know When Classifying Workers as Employees or Independent Contractors

An important tax tip from the IRS: It is critical for business owners to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally …

Tax

Non-Itemizing Taxpayers: Deductions Up to $600 are Available for Cash Donations to Charity

The IRS reminds all taxpayers how expanded tax benefits can help both individuals and businesses give to charity before the end of this year. The Taxpayer Certainty and Disaster Tax …

Tax

Families Now Receiving September Child Tax Credit Payments

Families are now receiving their advance Child Tax Credit (CTC) payment for the month of September. This third batch of advance monthly payments, totaling about $15 billion, is reaching about …

Accounting / Tax

IRS Reminds Business Owners to Correctly Identify Workers as Employees or Independent Contractors

During National Small Business Week, the Internal Revenue Service reminds business owners that it’s critical to correctly determine whether the individuals providing services are employees or independent contractors. An employee …

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    Insights & News

    • Tax Season is Almost Here – Take these Steps to Get Your Refund Faster in 2024!
    • Was Your Business Conned by an Unethical Employee Retention Credit (ERC) Preparer? Withdraw Your Claim Before it’s too Late!
    • IRS: Taxpayers impacted by Hurricane Lee in Maine and Massachusetts qualify for tax relief; various deadlines postponed to Feb. 15
    • Self-Employed? Third Quarter Estimated Tax Payments are Due September 15th!
    • Scams are on the Rise: Watch Out for these Dirty Tricks!

    Insights & News

    • Tax Season is Almost Here – Take these Steps to Get Your Refund Faster in 2024!
    • Was Your Business Conned by an Unethical Employee Retention Credit (ERC) Preparer? Withdraw Your Claim Before it’s too Late!
    • IRS: Taxpayers impacted by Hurricane Lee in Maine and Massachusetts qualify for tax relief; various deadlines postponed to Feb. 15

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    info@tortolanoandco.com

    Seabrook Office
    1 Walton Road
    Seabrook, NH 03874

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    92 Portsmouth Ave
    Exeter, NH 03833

    Upper Valley, NH

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