Wiley Financial Blog

Here are some Key Reminders for Extension Filers October 15 is fast approaching. That’s the last day to file for most people who requested an extension for their 2020 tax return. These taxpayers can file any time on or before Friday, October 15 if they have all their required tax-related...

All taxpayers have the right to challenge the IRS’s position and be heard Taxpayers have the right to challenge the IRS’s position and be heard. This is part of the Taxpayer Bill of Rights, which clearly outlines the fundamental rights every taxpayer has when working with the IRS. Taxpayers have...

How to File to Get the Most PPP Money? How to File to Get the Most PPP Money? If you are looking at how to file to get the most PPP money between  filing as a Sole Prop vs. an S-Corp, C-Corp, B-Corp, LLC, or Nonprofit, I can help. The...

The Benefit of Secondary Lenders PPP Applications Round 2 Today, I’m going to be talking about the very  confusing second round of PPP applications and the benefit of secondary lenders. Let’s discuss who qualifies, who doesn’t, and what it all means.  The first round of PPP was open to everybody. ...

Child Tax Credit – Will it Go Beyond This Year ? Child Tax Credit – Will it Go Beyond This Year? Let’s talk the child tax credit. As of now, the child tax credit  expansion only applies to this year. Now, that does have the possibility of changing in the...

3rd Stimulus Check – How Does it Differ 3rd Stimulus Check – How Does it Differ From the First 2 One of the main topics surrounding the 3rd stimulus check is  overpayments and what to do with them. Families in 2021 with an AGI below $40,000 on a single return...

$3,000 Child Tax Credit For 2021 $3,000 Child Tax Credit For 2021 Today, I’m going to talk about the $3,000 child tax credit for 2021. This credit was a part of the $1.9 trillion stimulus package that Biden  passed this month. It’s a bit confusing, but it all stems down...

Stimulus Checks & Unemployment Benefits Stimulus Checks & Unemployment Benefits – Info & Updates It is time for an update around PPP loans, stimulus checks and unemployment benefits. In order to keep you in the know, Lindsay Wiley provides a quick breakdown. Watch the video above or click here to...

EIDL Loans – Don’t Do This! EIDL Loans – Do’s & Don’ts Now that we are approaching a year into EIDL loans, repayment is starting to be discussed. However, there are a few key highlights you should know. In order to shed some light on the subject, Lindsay Wiley provides...

How to Get Your PPP PPP Loan Update With the newest round of PPP (Paycheck Protection Program) loans going out you might be wondering how to get your PPP. In order to shed some light on the subject, Lindsay Wiley provides a quick breakdown. Watch the video above or click...

PPP Update: Do You Qualify for PPP? PPP Update With the newest round of PPP loans going out you might be wondering if you qualify. In order to shed some light on the subject, Lindsay Wiley provides a quick breakdown. Watch the video above or click here to watch the...

Lindsay Wiley on “Attract & Stand Out Podcast” Lindsay Wiley of Wiley Financial was just featured on the “Attract and Stand Out Podcast” in the episode 41 titled “Breaking the Mold with Accounting for Small Businesses”. Lindsay shares her story about how she moved to California from Maryland back in...

Helpful Links Here are some free resources to keep in mind: www.business.usa.gov. The website has an online tax section that first gauges the size and type of your business and then guides you toward useful resources according to your state. The site has links to tax workshops, information about things like deductions...

“Wiley Financial Services is Amazing.” “Wiley Financial Services is amazing. I had been using the same accountant for 15 plus years. I heard through the grapevine how great this company was and at very reasonable rates. I thought I would give it a try. Wiley Financial was not only a...

Benefits of Filing an Income Tax Return We all know that filing your income taxes is required by law. But, did you know that there are benefits of an income tax return aside from the potential tax refund? The most important benefit of paying taxes and filing your income tax...