The IRS has announced an extension for the deadline to register for the $1,200 stimulus payment. This is commonly referred to as the economic impact payment or EIP. The deadline is now November 21, 2020. If you have not yet…
Many fiscal year ends are quickly approaching and with that, tax returns will begin to be prepared. Below are five reasons why reconciling your bank accounts is important: You always know how much cash you have available You can give…
Are you someone who is not required to file your tax return or who has not filed a 2018 or 2019 tax return for other reasons? You will need to fill out a free online form to identify yourself, your…
Want to know “Where is my Stimulus Check”? The link to obtain information regarding your Coronavirus stimulus payment is finally available! By visiting the site link below, you can check payment status, method of payment (i.e. direct deposit or check), and…
Stimulus payments will be sent out soon and with that being said, most are wondering how they will receive them, but first things first, there are scammers trying to get bank information and saying it is for the stimulus payments.…
Tax season is here which means that scammers are going to be out in full force. If you receive a call, text, or email, from the “IRS” requesting personal information like a social security number, bank information, PIN number, etc.…
Are you a retired or a retiring farmer who is renting or crop sharing with a beginning farmer? If so, this blog is for you! The 2020 application for the Beginning Farmer Tax Credit has been released and applications are…
Accounting, taxes, bookwork – not your favorite? And then you throw in any sort of software program on top to help with that dreadful “tax stuff” it’s even worse? Dealing with not so cooperative customer service when you need help…
At BakerStarrett we make it a priority to help our clients get set up with more efficient ways to keep record of everything for their business. In most cases, we recommend QuickBooks, with a guarantee that you will always be…
This past April I had the opportunity to go on a medical mission trip to Honduras. As scary as that sounds, it was absolutely amazing. While we were there, we helped hundreds of people, families who had nothing, that were…
