Accountants on Air

Oct. 15 deadline approaches for taxpayers who requested extensions to file 2020 tax returns The Internal Revenue Service today reminds taxpayers about the upcoming October 15 due date to file 2020 tax returns. People who asked for an extension should file on or before the extension deadline to avoid the penalty for filing late. Electronic filing options, such as IRS Free File, are still available. Although October 15 is the last day for most people to file, some taxpayers may... have more time. They include: Members of the military and others serving in a combat zone. They typically have 180 days after they leave the combat zone to file returns and pay any taxes due. Taxpayers in federally declared disaster areas who already had valid extensions. For details, see the disaster relief page on IRS.gov. There is usually no penalty for failure to file if the taxpayer is due a refund. However, people who wait too long to file and claim a refund, risk losing it altogether. Those who have yet to file a 2020 tax return, owe tax, and did not request an extension can generally avoid additional penalties and interest by filing the return as soon as possible and paying any taxes owed. Check the complete post in the link: https://accountantsonair.com/deadline-file-extensions

The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment. See if you can apply in the following link: https://accountantsonair.com/work-opportunity-tax-credit

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Accountants on Air always seek to hire individuals who will inspire the confidence of our present and future clients and who will work with us to build our practice. To join Accountants on Air Professional team (You must carry CPA, EA, or any equivalent professional license) Go to the link to know more: https://accountantsonair.com/career

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With our Advisory & Consulting service, our mission is to help you create value, protect against uncertain business risks and transform operations to drive success and to have the maximum impact on your business at all the time. Moreover, bring more focus to the value proposition by delivering a broader range of advisory services and competencies. Our professionals uniquely combine securities trading desk levels of expertise with comprehensive on the ground experience.

At Accountants on Air, Advisory practice plays a crucial role where we build a strong, long-term client relationships. Advisory & Consulting services are designed to provide business insight and to develop practical strategies to address existing challenges. We work with clients closely to define business goals, determine the scope of challenges and advise on a full range of solutions. Financial planning & analysis, process optimization and business valuation are all key tools available to ascension business advisory services. Get started now!

On March 11, 2021, President Biden signed into law H.R. 1319 the American Rescue Plan Act (the "Act"), which provides approximately $1.9 trillion in further support and stimulus to individuals, businesses and other organizations, as well as state and local governments affected by the COVID-19 pandemic. We have all the info just for you. Click at the link below for more info where you will find selected highlights that may be relevant for employers. The Act contains many different funding and support programs that we know you will enjoy. https://accountantsonair.com/american-rescue-plan-act

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The gold in our business is a good service. Our clients speak for us and that makes us so happy. Join our community and get the best benefits for you and your business NOW. Go to the link in bio to speak with a specialist.

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As a business owner, you’re responsible for staying on top of your business’s books. If you have up-to-date and accurate accounting records, your company will be on the road to success. But if you fail to focus on your accounting tasks, your business can quickly sink before it has the chance to grow. To help keep your books on a sound footing, learn some bookkeeping tips for small businesses. 1. Keep personal and business finances separate... 2. Automate as much as possible 3. Keep thorough records 4. Set reminders for deadlines 5. Leave an audit trail 6. Track business expenses 7. Keep your books at the top of your priorities See more

Your accountant is potentially your most trusted business advisor. And when it comes to business, knowing whom to trust and getting the financial side of things right from the beginning is imperative. Therefore, you need to find an accountant who aligns with your core values and goals? Someone who can be both educator and mentor. Forging a strong relationship with an accountant you trust helps ensure that you're aware and prepared for any upcoming challenges.