Andersen Accounting & Tax Services LLC

If you work in the restaurant industry, check out these cash flow management strategies that have helped other restaurants expand their clientele, pay their bills, and keep their doors open during the pandemic.

COVID-19 brought about a perfect storm of delays in processing tax returns, which caused a monumental backup of returns waiting to be processed by the IRS.

Here are the October 2021 business tax due dates

It matters how you get there. Wednesday Wisdom from

Here are the October 2021 individual tax due dates

Married taxpayers have two options when filing their tax returns: either joint or separate returns. The tax code includes several provisions preventing taxpayers from filing separately to gain a tax benefit.

- Some Monday Motivation for our friends and colleagues.

Accounting 101: When the company is more successful, systems that are still sloppy will be unable to pay bills, generate invoices, or perform other functions as smoothly as is needed for growth.

For those who love learning: here's a tax fact from Andersen Accounting & Tax Services.

If you could not complete your 2020 tax return by the original filing due date and are now on extension, that extension expires on October 15, 2021, and no additional extensions are available. Failure to file before the extension period ends can subject you to late-filing penalties.

October Extended Due Date Just Around the Corner The normal April 15, 2021 filing deadline for 2020 individual tax returns was extended by the IRS to May 17, 2021 due to the continuing Covid-19 pandemic. If you could not complete your 2020 tax return by May 17 and are now on extension, that extension expires on October 15, 2021. Failure to file be...

There are many challenges and rewards from running a family business. Careful planning needs to take place to ensure succession and future success. Some tips are below.

The Art of Running a Successful Family Business: Breaking Things Down Family businesses often fail the same as others do, and if you genuinely want to make sure that yours gets off on the right foot, there are a few key things to keep in mind.