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Employee Retention Credit - What You Need to Know

Employee Retention Credit - What You Need to Know

By Eric Schreier, CPA | May 18, 2021

Employee Retention Credits (ERC) were initially introduced by the CARES Act which was signed into law spring of 2020. These credits were extended to both the first and second quarters of 2021 with

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What Your Inventory Means for Tax Preparation

What Your Inventory Means for Tax Preparation

By Eric Schreier, CPA | Jan 28, 2021

Inventory plays a large part in the operations of many businesses. Despite your best efforts you may eventually find yourself with obsolete or worthless inventory on your hands.

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IRS Tax Tips for Small Business

IRS Tax Tips for Small Business

By Eric Schreier, CPA | Jan 5, 2021

With the end of the year within mere days, a lot of people's minds are on 2021—the economic stability and market forecast, the change in presidential administration, the future of their own business,

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How to Manage a Net Operating Loss

How to Manage a Net Operating Loss

By Eric Schreier, CPA | Nov 24, 2020

If you completed your tax return and had more expenses than you did income, you may have what is known as a Net Operating Loss (NOL).

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