Business 2 Business Services Inc.

01/16/2023

Most of the new energy credits do not begin until 2023. Do you have questions regarding the new energy credits? The IRS has posted a FAQ page on their website:

07/13/2021

Looking for an awesome part time accounting job? We are hiring! We are looking for a part time bookkeeper/staff accountant. 18-20 hours a week, flexible schedule. Please message or email to [email protected]. Thank you!

06/23/2021

Families will start receiving the advanced child tax credit on July 15th. Depending on your situation, this could be a great thing, or you may find yourself owing taxes next spring.

The IRS has created online tools to help families manage the credit. For more information, visit our website blog: www.b2btax.net

The IRS just launched new online tools designed to help families manage and monitor the advance monthly child tax credit (CTC) payments. The first payment will be made on July 15, 2021. The tools include: Child Tax Credit Eligibility Assistant: allows families to answer a series of questions to quic...

06/23/2021

Part time position. Flexible schedule. Enter data and prepare financial statements. Answer phones, communicate with clients. Accounting experience required. Must be detail oriented, have computer knowledge, be a self starter, honest and dependable. Must pass a background check. QuickBooks knowledge a plus.

02/05/2021

02/05/2021

Hey my teacher friends!

Educators can now deduct up to $250 of unreimbursed expenses for COVID-19 protective items.

*face masks
*disinfectant
*hand soap
*hand sanitizer
*disposable gloves
*tape, paint or chalk to guide social distancing
*physical barriers
*air purifiers
*other items recommended by the CDC

Need help with your taxes? Click here: https://b2btax.as.me/

01/13/2021

A Message to Employers:

2020 has brought more than a few challenges to employers. With the passing of the CARES Act on December 27, 2020, some relief was granted to employers receiving Paycheck Protection Program Loans. The Act now allows for the deductibility of expenses paid from PPP Loan proceeds which will greatly help already struggling businesses. PPP Loan proceeds are not taxable income.

The Act also made retroactive changes to the availability of employer tax credits. Prior to the enactment, employers who received PPP Loans were not eligible to claim certain employer tax credits. Now, those employers are eligible for credits, however they cannot use the same wages used to apply for PPP loan forgiveness. With this retroactive change, you will want to review your records to determine if you are eligible to claim the Employee Retention Credit, the Paid Sick/Family Leave Credit or the Employer Payroll Tax Deferral.

For more information visit: https://www.irs.gov/coronavirus/new-employer-tax-credits

God bless the small businesses that keep our country running!

To book an appointment with us, click here: https://b2btax.as.me/

Schedule your appointment online Business 2 Business Services Inc

11/04/2020

https://www.irs.gov/newsroom/security-summit-partners-warn-taxpayers-of-new-covid-related-text-scam

IR-2020-249, November 4, 2020 — The Internal Revenue Service, state tax agencies and the tax industry today warned of a new text scam created by thieves that trick people into disclosing bank account information under the guise of receiving the $1,200 Economic Impact Payment.

09/28/2020

Employer Credits available during COVID-19.

IR-2020-221, September 24, 2020 — During Small Business Week, the Internal Revenue Service reminds business owners and self-employed individuals of the employer credits available to them during COVID-19.

09/23/2020

It's Small Business Week at the IRS. The Home Office is today's subject.

IR-2020-220, September 23, 2020 — During Small Business Week, September 22-24, the Internal Revenue Service wants individuals to consider taking the home office deduction if they qualify.