Ernie Neve, CPA, CTC

No annoying tax professional lingo. Just straight, authoritative and friendly expert advice.

[Ernie Neve, CPA, CTC @nevegroup]

@UBFootball Jesus do we have to keep listening to these fn homer Wisconsin announcers on FS1? Absolutely brutal!

[Ernie Neve, CPA, CTC @nevegroup]

@UBBullssoftball @UBAthletics All we need know is a hockey rink!

[Ernie Neve, CPA, CTC @nevegroup]

@WisSpringLeague Best Flyer ever

[Ernie Neve, CPA, CTC @nevegroup]

@ub_icehockey Great job congrats

[Ernie Neve, CPA, CTC @nevegroup]

Beginning Jan. 5, 2021, IRS will make available the electronic version of the Form 1024-A that organizations seeking to be exempt under Section 501(c)(4) may use to submit online at https://t.co/DiCKIu8fj6.

▸ https://t.co/o0s5JqK3qX

#Irsproblem #Taxproblem #Irsfreshstart

[Ernie Neve, CPA, CTC @nevegroup]

The Internal Revenue Service today released its 2020 annual report describing the agency’s work delivering taxpayer service and compliance efforts during COVID-19 while spotlighting actions taken by IRS employees...

Read more 👉 https://t.co/psjhJYeeGG

#Irsproblem #Taxproblem

[Ernie Neve, CPA, CTC @nevegroup]

The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile.

Read the full article: IRS issues standard mileage rates for 2021
▸ https://t.co/dQJjTLKP3r

#Irsproblem #Taxproblem #Irsfreshstart

[Ernie Neve, CPA, CTC @nevegroup]

But if you know that you want to defer payment, make sure to reduce your 2020 estimated tax payments to get that cash in your pocket now.

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#PermalinkPotentialEstate #ClosePermalinkLeadership #Irsproblem #Taxproblem #Irsfreshstart

[Ernie Neve, CPA, CTC @nevegroup]

More informationFor more information about Economic Impact Payments and the 2020 Recovery Rebate Credit, visit https://t.co/8yHyD43ZbP.

Read the full article: Economic Impact Payments on their way, visit https://t.co/vo3z7ep35j instead of calling
▸ https://t.co/kZh7pKzWkn

[Ernie Neve, CPA, CTC @nevegroup]

Click to share on Facebook (Opens in new window)

Read the full article: Which One Are You?
▸ https://t.co/5MLmanVdoK

#GiftTaxThreat #InvestmentInterestDeductions #CorporationsPermalinkKeeping #Irsproblem #Taxproblem #Irsfreshstart

[Ernie Neve, CPA, CTC @nevegroup]

For 2020, Carol has a whopping $23.16 million unified federal estate and gift tax exemption to work with ($11.58 million x 2).

Read more 👉 https://t.co/4BhgooXvTo

#GenerallyTrendedLower #DulyelectedPoliticiansReshuffle #SunsetProvisionScheduled #Irsproblem #Taxproblem

[Ernie Neve, CPA, CTC @nevegroup]

Using the 60 percent enables the S corporation with no employees other than the sole owner-employee that elects the eight-week covered period to achieve full forgiveness with payments for interest, rent, and utilities.

Read more 👉 https://t.co/wbqNY7jNfq

[Ernie Neve, CPA, CTC @nevegroup]

Make 2020 the Year You Took Action!
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#Bill #Irsproblem #Taxproblem #Irsfreshstart #BlogPosts #NewYear #TheNice

[Ernie Neve, CPA, CTC @nevegroup]

Why We Need To Talk NOW: https://t.co/7jvRzxGsZk

#twitter #Irsproblem #Taxproblem #Irsfreshstart #BlogPosts

[Ernie Neve, CPA, CTC @nevegroup]

The Internal Revenue Service today reminded employers that they must file Form W-2 and other wage statements by Feb. 1, 2021, to avoid penalties and help the IRS prevent fraud.

Read more 👉 https://t.co/Z5VJmWoJ6W

#Irsproblem #Taxproblem #Irsfreshstart

[Ernie Neve, CPA, CTC @nevegroup]

While the IRS is exploring options to correct these payments, if you have not received your full payment by the time you file your 2020 tax return, you may claim the Recovery Rebate Credit on your tax return.

Read more 👉 https://t.co/s3i47i9nzO

#Irsproblem #Taxproblem

[Ernie Neve, CPA, CTC @nevegroup]

Solo 401(k) Could Be Your Best Retirement Plan
▸ https://t.co/6ozY0hx0aA

#Irsproblem #Taxproblem #Irsfreshstart #BlogPosts

[Ernie Neve, CPA, CTC @nevegroup]

A 2015 law made it a permanent requirement that employers file copies of their Form W-2, Wage and Tax Statements, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by Jan. 31.

▸ https://t.co/dR09mPrxv4

#Irsproblem #Taxproblem

[Ernie Neve, CPA, CTC @nevegroup]

Economic Impact Payments on their way, visit https://t.co/vo3z7ep35j instead of calling
▸ https://t.co/JAjtekuDIP

#Irsproblem #Taxproblem #Irsfreshstart #OfficialDateFunds #DirectDepositPurposes #TaxSoftwareProviders #MailedDebitCards #Covid19RelatedTaxRelief

[Ernie Neve, CPA, CTC @nevegroup]

Now, here’s where it can get tricky: how you got those cash reserves – stimulus money, PPP funds, or just working a lot and making money – will have a direct impact on how best to spend them.

Read the full article: Keeping It Close
▸ https://t.co/pR3qdfO8WN