Common but Costly Errors Employers Should Avoid When Filing Taxes or Claiming Credits

This article was published by the IRS. Employers filing employment tax returns and claiming an employer tax credit should read the instructions for Form 941 and carefully complete the form to avoid mistakes. Using a reputable tax preparer including a certified public accountant, enrolled agent or other knowledgeable tax professional can also help avoid errors. Mistakes [...]

Small Business Owners Should See If They Qualify for the Home Office Deduction

This article was published by the IRS. Many Americans have been working from home since the pandemic, but only certain people will qualify to claim the home office deduction. This deduction allows qualifying taxpayers to deduct certain home expenses on their tax return when they file their tax return next year. Here are some things to [...]

How to File a Return and Remit a Contribution for Paid Family and Medical Leave​

This video tutorial shows an employer how to file and pay a Paid Family and Medical Leave return in MassTaxConnect. Follow the step-by-step instructions to learn how to navigate the online system. Paid family and medical leave (PFML) is a program designed to help people in Massachusetts take paid time off of work for family or [...]

QuickBooks Money: No-Fee Business Banking with Seamless Payments

Earning your business money is hard. Managing it should be easy. Ready to spend, stash, and grow your cash? Introducing QuickBooks Money, a banking and payments tool built with your business in mind. Get a business bank account with no minimum balances or monthly fees, a debit card, and industry-leading APY to help you save on [...]

College Students Should Study Up on These Two Tax Credits

This article was published by the IRS. Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who pay higher education costs for themselves, their spouse, or dependents in 2023 may be able to take advantage of two education tax credits. The American opportunity tax credit and the [...]

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