Blog | iManage Financials LLC

BLACK HISTORY MONTH

Every February, the U.S. honors the contributions and sacrifices of African Americans who have helped shape the nation. Black History...

IRS RED FLAGS

I know that some may feel anxiety, discomfort and maybe even fear at the thought of being audited by the Internal Revenue Service (IRS)....

WELCOME TO 2022...HAPPY NEW TAX YEAR

It's 2022 and if you haven't started tax planning for the year then you're already behind the 8 ball. However it's never too late, get...

2021 YEAR END CLOSE OUT CHECKLIST

BYE BYE 2021 WE ARE AT THE END OF THE YEAR AND IT'S TIME TO CLOSE OUT THE BOOKS AND PREPARE FINANCIALS FOR TAX PURPOSES. CLOSING THE...

PAYCHECK PROTECTION PROGRAM UPDATE

2020 STANDARD DEDUCTION

Filing Status Deduction Amount Single $12,400 Head of Household $18,650 Married Filing Jointly $24,800 Married...

2020 TAX DEADLINES

Jan. 11, 2021: Deadline for employees who earned more than $20 in tip income in December 2020 to report this income to their employers on...

2020 IRS TAX UPDATES

The Internal Revenue Service today encouraged taxpayers to take necessary actions in the final weeks of the year to help file federal tax...