Gehman Accounting Blog

What to Watch For This Tax Season

Austin Weaver - Jan 19, 2022 12:36:38 PM

The Internal Revenue Service (IRS) announced earlier this month that the official start of the federal tax season will be Monday, January 24, 2022, "when the tax agency will begin accepting and processing 2021 tax year returns." [IRS Newsroom]

Topics: Insider- Tax- Updates- Insight- Guidance

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Sales Tax and Your Business: Ignorance Is Not Bliss

Laurie Hoover - Jan 17, 2022 1:37:10 PM

Sales tax is one area of business where it pays to know your obligations, especially if you do business across state lines. You might get by with “ignorance is bliss” for a time, but eventually, the state will notice your activity and send the bill for any obligations you overlooked. At that point, you won’t be able to charge your customers for the sales tax. Instead, you will be the one liable for all the back tax, penalties, and interest, which can accumulate quickly.

Topics: Tax- Updates- Startups- Sales

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Tax Update 2021

Laurie Hoover - Sep 10, 2021 1:35:23 PM

This year’s long list of tax law changes could appear as a surprise on your tax return—if you’re not prepared. To help you out, we have compiled a list of the most important changes for the 2021 tax year. Use this information now to help prevent surprises or frustration later when you file your return.

Topics: Tax- Updates- Coronavirus- Guidance

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Gehman Accounting Taps Martin to Manage Department

Nathan Siegrist - Aug 13, 2021 12:42:52 PM

Martin Replaces Manager of Gehman Accounting’s Payroll and Bookkeeping Departments

Topics: Insider- Updates- Press Releases

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Gehman Accounting Names COO

Nathan Siegrist - Jul 6, 2021 6:17:12 PM

On Thursday, CEO Nathan Siegrist announced to Gehman Accounting staff that the search for a COO had been completed. Curt Weaver, who had been with the company for about nine months as a Client Service Representative, was promoted to the COO position, effective immediately.

Topics: Insider- Updates- Press Releases

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The Gehman Accounting Blog provides small business owners with information and resources to sustain and grow their businesses. With a focus on financial stewardship, team building, entrepreneurship, economic insights, and tax news, these articles seek to inspire confidence in today's business world.

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