NorthlandCPAs

Business owners, beware. Identity theft is a growing threat that can cripple your business or shut it down forever. Stay informed: https://lnkd.in/g7i6svbJ #identitytheft #securitymeasures

If you’re preparing to file your 2024 federal income tax return and your tax bill is higher than you’d expected or your tax refund is smaller than you’d hoped, there might still be an opportunity to change it. Uncover the details: https://lnkd.in/gnKYX_Ux #incometax #ira

Expecting a refund and haven't received it yet? Track your return for federal and state taxes on our website. https://lnkd.in/e-KKcHg #accounting #taxrefund

If you owe federal tax, you can typically use credit and debit cards to pay directly or through certain third-party apps. Learn more: https://lnkd.in/gshWcs86 #irs #taxtip

If you own or manage a business with employees, you could be personally responsible for paying a harsh tax penalty called the Trust Fund Recovery Penalty (TFRP). Let’s take a look: https://lnkd.in/gMQketMn #trustfund #taxpenalty

Any U.S. person with a financial interest in or authority over foreign financial accounts may be required to file a Report of Foreign Bank and Financial Accounts (FBAR). Here’s what you need to know: https://lnkd.in/gJaEfrXg #fbar #foreignaccount

After successfully navigating the start-up phase, your business has a strong foundation for growth. At the growth stage, business and financial advisory services become essential. Focus on these two key areas to elevate your company to the next level: https://lnkd.in/g4MnA3QB #businessgrowth #capitalmanagement

Please make a note of these upcoming tax due dates for March. https://lnkd.in/gfdfJwQ #march #taxduedates #taxtip

Employers are required to withhold federal tax from supplemental wages paid to employees. These include bonuses, commissions, reimbursements (so long as you don’t have an accountable plan), severance, cash prizes, retroactive raises, and taxable fringe benefits. Find out more: https://lnkd.in/g3XJ2Zra #supplementalpay #withholding

Working from home isn’t new, especially for self-employed people. But during the height of the pandemic, millions of jobs were moved from employers’ premises to employees’ private homes. Many continue working from home and wonder if they qualify for the home office tax deduction. Here’s what you need to know: https://lnkd.in/gYxqQ4Y3 #workfromhome #homeoffice