2023 EMPLOYEE RETENTION TAX CREDITS (ERTC)

If you haven’t yet explored the Employee Retention Tax Credits (ERTC) here are the quick facts that you will need to determine if you may qualify for the credit for your business. HOW DO YOU QUALIFY If your business was partially or fully shut down due to...

2023 NEW BUSINESS START UP PACKAGES

Starting a new business is an exciting time, however it can also be quite stressful. These days, you can easily go online and establish a new LLC, using a variety of different online legal services. These services are very limited often leaving owners with more...

ARIZONA STATE TAX CREDITS 2023

Many of our clients and friends routinely ask us how to utilize the State of Arizona tax credits to their advantage while helping out great organizations in the State of Arizona. It’s a way that you can determine where your tax dollars are allocated to be utilized,...

2022 ENGAGEMENT UPDATE AND IMPORTANT DATES

We are in the process of completing everything necessary to send out our 2022 engagement packages for our Compliance clients. The packages will be mailed out right after December 31, 2021. We are currently working on creating 2021 tax folders within your ShareFile...

4 BEST PRACTICES FOR SUBMITTING YOUR TAX PAYMENTS

This year has presented itself with a new challenge with taxation authorities: Proper application of your tax payments! Never before have we seen the abundance of notices, primarily from the Internal Revenue Service, stating that they have not received your tax...

2022 Engagements On The Way!

Good Morning and Happy Thanksgiving week! We are hard at work preparing for the coming year and tax season and wanted to share with you all what you can expect from us here at Phocus Accounting and Tax. Monthly/Quarterly Business  Accounting and Advisory Clients For...