It is important to carefully consider and choose the appropriate entity type for your business. The entity type you select will have...

If you as a taxpayer or business owner have received Form 1099-K, it is because: You received payments related to your activities in the...

Typically see refund info within 24 /48 hours after IRS acknowledges e-filed return for latest tax year. Wait six weeks after paper...

Recent updates to R&D credit: On Aug. 16, 2022, the Inflation Reduction Act, had tax credits intended to encourage investment in domestic...

The new credit, worth up to $7,500, is made up of two requirements, each adding up to half of the credit. Technical Requirement: Battery...

If you receive a notice, please be sure of your rights. Taxpayers have the right to: Raise objections. Provide additional documentation...

A Recent Chat with a Client "What do you mean, you will have a penalty if you don't make estimated payments? Is this a scam?" Let's dig...

We've Got a Vault of Resources to Help Small Business Owners Master Their Tax Game. Whether you're a self-employed superhero, a gig...

At 2 Cherry Tax, we value your data security. Protecting your tax returns and signatures is essential to us. That's why we're thrilled to...

Chris & Adam (sons) with our hero Ken Costa Governor's Certificate of Valor: Recognizing Earthquake Rescue Efforts March & its usual...