What to Watch For This Tax Season
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
Read MoreSales 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
Read MoreThis 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
Read MoreMartin Replaces Manager of Gehman Accounting’s Payroll and Bookkeeping Departments
Topics: Insider- Updates- Press Releases
Read MoreOn 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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