Blog

These Tax Law Changes Will Affect Business Owners

By Peoples Tax | October 16, 2018
Posted in: IRS Small Business Tax Tax Law Updates
IRS: Several tax law changes may affect bottom line of many business owners IR-2018-203 WASHINGTON — The Internal Revenue Service today reminded business owners that tax reform legislation passed last December affects nearly every business. With just a few months left in the year, the IRS is highlighting important information…
Read More

Veterans May Be Owed More Refund Money

By Peoples Tax | July 12, 2018
Posted in: Individual Tax IRS
Attention Veterans! If you’re on disability, the IRS may owe you more refund money. Here’s a recent news release with details. Veterans owed refunds for overpayments attributable to disability severance payments should file amended returns to claim tax refunds IR-2018-148, July 11, 2018  WASHINGTON — The Internal Revenue Service…
Read More

Are You Up to Speed on the New For W4?

By Peoples Tax | June 28, 2018
Posted in: Individual Tax
As you know, this year we welcomed a new Form W-4 with the new tax law. While the IRS is not requiring employers to obtain new W-4s from employees, it’s definitely something employers need to be aware of. Your W-4 is what determines how much federal tax is withheld –…
Read More

Why You Might Need A Paycheck Checkup

By Peoples Tax | April 12, 2018
Posted in: Individual Tax
With the most recent Tax Cuts and Jobs Act of 2017, some of us are going to see some significant changes to our paychecks. Specifically when dealing with withholdings, the amount that’s being set aside is going to change dramatically. That’s why the IRS is recommending you get…
Read More

National Mom & Pop Business Owners Day

By Peoples Tax | March 29, 2018
Posted in: Uncategorized
Today is National Mom & Pop Business Owners Day. Small businesses are a vital part of our economy – we know because we have been helping small businesses with their taxes, bookkeeping, and payroll for 30 years! Why You Should Support Small Businesses…
Read More

Don’t Miss Out On Filing or Amending Your 2014 Returns

By Peoples Tax | March 22, 2018
Posted in: Individual Tax
An estimated one million taxpayers haven’t filed their 2014 tax returns resulting in approximately $1.1 billion in unclaimed federal tax refunds.  Are you one of those taxpayers?  If so, you’ll need to get the original return filed no later than Tuesday, April 17, 2018, or risk losing your…
Read More

Yes, There are Tax Implications for Cryptocurrency Users

By Peoples Tax | March 14, 2018
Posted in: Individual Tax
Think you can hide your digit currency earnings from the IRS? Think again. If you’ve been investing in and/or using cryptocurrency, you should be reporting that on your taxes. But not in the way you might think. What is Cryptocurrency?  Put simply, cryptocurrency is…
Read More

2 Richmond Locations

West End

Corporate Office/The Forum Office Park

10120 W. Broad St., Suite C
Glen Allen, VA 23060

South of the River

Commonwealth Centre

4521 Commonwealth Centre Parkway
Midlothian, VA 23112

More information and Hours