In a significant move that impacts many businesses, the IRS announced a temporary reopening of the Employee Retention Credit (ERC) Voluntary Disclosure Program (VPP), which will be available through November 22, 2024.
After a year-long moratorium on claims filed since September 13, 2023, the IRS finally announced significant updates to its Employee Retention Credit processing and payment procedures, which has significant implications for salons businesses that have claimed or are considering claiming it.
Understanding the different due dates for federal tax deposits and meeting with a tax professional to create a plan will streamline the process and help you avoid unnecessary penalties and interest.
As the IRS unveiled a major initiative to clamp down on ERC claims and reject tens of thousands of high-risk ERC claims, consequences abound for owners of salons and spas who have submitted claims. Candice Miller from Azarvand Tax Law explains the situation and how you can prepare.
As the IRS announces a crackdown on Employee Retention Credit claims, Azarvand Tax Law's Claudia Vasquez steps in with some helpful advice in identifying if your claim could be at risk and what you can do about it now to avoid trouble later.
Our Tax Attorney Blogger Tina Azarvand is back with her colleague Caroline Moss to shed some insight on financial strategies that can leave your future looking as fabulous as the hair styles you create.
Does your Zodiac sign have anything to do with your financial success? A new study analyzes the birthdays of billionaires, determining the richest star signs.
With Employee Retention Credit (ERC) audits set to rise, are you ready if the IRS comes knocking? Legal professionals Claudia Vasquez and Tina Azarvand help you prepare what you need.
Understanding your best savings strategy for retirement starts with answering some key questions. Northwestern Mutual's Michael Cole walks you through your options.
High-ticket items such as extensions, some trending color techniques and Medspa services may give clients pause, but implementing a Buy Now Pay Later service in your business can help them pull the trigger on a purchase.
Following up on their advice to avoid tax pitfalls, Azarvand Tax Law discusses overclaiming the Employee Retention Credit, the benefits of proactive tax planning and preparing estimated tax payments.
If you're self employed, the IRS expects you to make estimated tax payments throughout the year. Tax Attorney Tina Azarvand answers your questions on tax payments and offers advice on how to make it easier.