On July 15, about 36 million Americans will start receiving advance monthly checks from the IRS under the expanded Child Tax Credit. The bill, part of the President’s American Rescue Plan Act, increases the child tax benefit to $3,600 per child under age 6 and $3,000 per child between the ages of 6 and 17. As we highlighted in an…
While I’m native to a central African country, I’m currently pursuing my MBA in accounting and finance in the USA. After my undergraduate studies in central Africa, I became a member of the distinguished Association of Certified Chartered Accountants AACA (the UK’s CPA equivalent). Since then, I have worked over 5 years at several CPA firms. Growing up, my father…
Dear Clients and Friends, As we continue to monitor and adjust to developments related to the Coronavirus pandemic, the environment has proven our technology investment in recent years is paying dividends. In that we are unable to currently meet with you personally, we can utilize technology to help us all get through this together. By using our Share Safe secure…
…of working from home. Making the change to working remotely might seem like an inconvenience, but it’s also an opportunity to do things better. I’m sure some of you are going stir crazy at home right now and can’t wait to get back to the office. This is completely understandable, but it’s also the wrong way to think about the…
…avoid any mail-related delays that are outside of your (or our) control. Embrace technology. At CJBS, we have implemented state-of -the-art technology to send and receive documents electronically in a secure way, either using our Client Portal or through our share safe link. For additional information or to submit tax payments by the October 15th deadline, please visit our Helpful Resources page on our website. Additionally, the IRS has extended…
As the blockchain revolution begins, businesses are finding new ways to implement the technology into the products or services they offer. This article discusses ways that blockchain will eventually change your business, and why your business should be prepared for the blockchain revolution. To view this article, click the following link to access the original content. https://www.inc.com/alisa-cohn/blockchain-is-here-to-stay-here-are-3-ways-you-can-use-it-in-your-business.html?cid=hmside3…
…obligation on their returns in anticipation of the refund. CJBS, LLC is a Chicago based firm that assists its clients with a wide range of accounting and financial issues, protecting and expanding the value of mid-size companies. E-mail me at michael@cjbs.com if you have any questions about this posting or if I may be of assistance in any way. cjbs.com…
…and more common-sense approach to determining feasibility of collection. CJBS, LLC is a Chicago based firm that assists its clients with a wide range of accounting and financial issues, protecting and expanding the value of mid-size companies. E-mail me at michael@cjbs.com if you have any questions about this posting or if I may be of assistance in any way. cjbs.com…
…initiated and concluded in a timely manner. CJBS, LLC is a Chicago based firm that assists its clients with a wide range of accounting and financial issues, protecting and expanding the value of individuals and mid-size companies. E-mail me at larry@cjbs.com if you have any questions about this posting or if I may be of assistance in any way….
…The prospective client took sizable amounts of cash from the company, allegedly to pay sub contractors. No Form 1099’s were issued and only some of the contractors would be willing to sign affidavits that they received the cash. It was explained to me that the company saved money by hiring contractors at a discount by paying cash. The prospective client…