Beginning Farmer Tax Credit

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…

Per Diem Rate for Truckers

Notice 2019-55 released the 2019-2020 special per diem rates for those in the transportation industry to be effective as of October 1, 2019. The new meal and incidental expenses (M&IE) rates for truckers is $66 per day. This is the…

Work Opportunity Tax Credit

The Work Opportunity Tax Credit (WOTC) program is a federal tax credit that gives employers an incentive to hire workers in target categories.  These target groups are considered individuals that have “significant barriers to employment”.  The program allows employers to…

A “Rocky” Reform

It shouldn’t come as a coincidence that the recent Farm Tax Update class that @timlbaker and I attended was located in the Rocky Mountains as it is safe to say the Tax Cuts and Jobs Act (i.e. Tax Reform) has…

New name…Same great service!

You’ve probably already noticed a few changes on our blog and on our website…like our new name. Like any progressive business, we are always striving to provide our clients with service beyond expectations. This includes supporting you with the most…

EFTPS Password Changes

New changes are coming soon to the EFTPS passwords requirements. IRS will start requiring a 13-month expiration policy.  In other words, the IRS is going to require you to change your password every 13 months.  You can expect this to…