by Miguel Alex Centeno | Feb 5, 2022 | Business Tax
The COVID-19 pandemic and associated lockdowns significantly hurt American small businesses. To help, the federal government implemented a variety of tax relief measures. The Employee Retention Tax Credit provides a major tax break to particularly hard-hit businesses....
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by Miguel Alex Centeno | Nov 8, 2021 | IRS
The R&D tax credit was implemented in 1981 as a means to encourage businesses to increase innovation investments. However, the IRS recently announced new R&D tax credit guidelines that could have major implications for businesses hoping to claim this valuable...
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by Miguel Alex Centeno | Jun 13, 2021 | Accounting
As a business partner or investor in a limited liability company (LLC) or limited liability partnership (LLP), you’ve likely heard the term “materially participate.” But what does material participation mean? If you don’t know and aren’t...
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by Miguel Alex Centeno | Jun 3, 2021 | Online Marketers
In 2018, Apple introduced a new concept that would increase the privacy of users with third-party mobile apps. With the introduction of the iOS 14 update, this concept became a reality. Apple now requires apps like Facebook to ask for permission to track users for...
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by Miguel Alex Centeno | Apr 27, 2021 | IRS
Only a few other phrases in the English language can send a shiver of fear down one’s spine. One such phrase is “IRS audit.” The Internal Revenue Service (IRS) is a powerful branch of the government and enforces tax laws enacted by congress. They...
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