Blog

Kaizen CPAs + Advisors posts informative blogs to help you and your business hit your financial goals.

Employee Retention Credit (ERC)—You Might Still Qualify

Did you know that you might still qualify for the Employee Retention Credit? Find out what...

Employee or Independent Contractor? Why you need to know the difference.

The distinction may be challenging to make sometimes, but the IRS has very strict...

IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS

If you are a small business owner, and you have never experienced an IRS audit,...

Millions of Backlogged Tax Returns

If you are one of the many people wondering what happened to the refund you...

Tax Deadline Delayed Until May 17

 

As of Wednesday afternoon, the Treasury Department and the IRS confirmed the...

NEW Form W-4 – “Why Do I Owe?”

 

Why Do I Owe?

In 2020, the IRS released a new W-4 that was designed...

REMINDER – Required IL Sexual Harassment Prevention Training

 

On July 1, 2020, Public Act 101-0221 amended the Illinois Human...

Illinois Senior Citizen’s Assessment Freeze

Are you 65 years or older? Was your total household income in 2020 $65,000 or less? Did...

New Illinois Minimum Wage Rate

Despite financial difficulties caused by the coronavirus pandemic, new minimum wage...

Standard Mileage Rates for 2021

Whenever you drive for business, medical purposes, a charitable organization or move...