by Golden Capital Inc. | Sep 18, 2021 | Tax Tips and News
Choose wisely; that’s the message from the Internal Revenue Service to business owners when it comes to deciding whether people who provide services to the company are employees or independent contractors. Generally, anyone is considered an employee if they provide...
by Golden Capital Inc. | Sep 18, 2021 | Tax Tips and News
To help compensate for a shortage of diesel fuel in the wake of Hurricane Ida in Louisiana, the Internal Revenue Service has extended its relief measures basically allowing dyed diesel fuel to be temporarily sold and used for highway purposes. This latest announcement...
by Golden Capital Inc. | Sep 15, 2021 | Tax Tips and News
Parts of Pennsylvania have been added to the list of locations eligible for tax relief measures in the wake of Hurricane Ida. The Internal Revenue Service has now extended various tax deadlines until Jan. 3, 2022, for six counties in Pennsylvania, joining specified...
by Golden Capital Inc. | Sep 14, 2021 | Tax Tips and News
With the recent developments in the battle against COVID-19, health authorities are turning to tests for the virus that can be carried out at home. New clarification from the IRS now aims to spread the word that such home tests can be deducted from income taxes. The...
by Golden Capital Inc. | Sep 12, 2021 | Tax Tips and News
The Internal Revenue Service announced that Mississippi will now receive tax relief in the wake of Hurricane Ida, delaying some filing and payment deadlines for affected taxpayers. The Magnolia State joins a list that currently includes Louisiana, New Jersey, and New...