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Vrakas CPAs, Here Are Your Articles for Thursday, August 04, 2022
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Crowdfunding: Make Sure You Follow IRS Rules

Crowdfunding has become a powerful way to raise money for a host of projects. But like with every other financial transaction, the IRS has imposed rules. Click through to make sure your crowdfunding project follows the law. 

Vrakas Supports the Community

This summer Vrakas has been making a difference with its charity lunches.

Work Opportunity Tax Credit Reauthorized Through 2025

Enacted in 1996, the Work Opportunity Tax Credit (WOTC) is a federal tax credit that eligible employers can claim if they hire eligible individuals who have consistently faced stringent barriers to employment.

Depositing and Reporting Employment Taxes

You know that you have to pay your employees regularly. But did you know you also have an obligation to the IRS to report and remit employment taxes? Click through for an overview of the rules to make sure you stay compliant.

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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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