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Vrakas CPAs, Here Are Your Articles for Wednesday, July 01, 2020
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The 2019 income tax filing and payment deadlines for all taxpayers who file and pay their Federal and Wisconsin income taxes on April 15, 2020, was automatically extended until July 15, 2020.

Working at Home — the New Reality

Both businesses and workers have been ambivalent about telecommuting, but the pandemic may have forced everyone's hands. Click through for some insights into why, for many businesses, working from home may be the new normal.

Gig Economy and Taxes

The so-called gig economy may be the wave of the future for a substantial number of workers. There are lots of implications—especially regarding taxes. Click through for an introduction to how the IRS handles gig workers.

What Small Businesses Need To Know About Tax

Many common tax problems vexing small-business owners involve underpayment of taxes and poor record-keeping. Click through for an introduction to some basic rules, so you can make life easier for yourself.

A Business Bankruptcy: Helpful but Complex

Starting and running a business is hard, and there's no guarantee of long-term success. Sometimes, a bankruptcy is the only exit plan. Click through for an introduction to the key rules of business bankruptcy.

Local Entertainment And Events Calendar: Including Virtual Events

You'll always know where the fun's going on with our interactive local events calendar featuring social sharing, images, videos and ticket links. Click through to see what's happening or to add your own local events.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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