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For those of you who bemoan your credit score, FICO, the company that everyone recognizes as behind that magical number is making some changes! FICO is calling this the “UltraFICO Score” and damn if it doesn’t sound sexy.
This “UltraFICO” item will be customized to include just the banking information that you choose to share and will have ability to move you up (or down!) the credit score rankings. Per a former employee of FICO and Equifax, John Ulzheimer, “It’s like combining peanut butter and chocolate.”
Let’s take a moment of silence for the large part of the US population that has peanut allergies and won’t be able to enjoy this metaphor or any benefits of the “UltraFICO” credit score. More details and a continuation of John’s quote from USA Today.
Congress extended some of the tax breaks retroactively to January 1, 2018. They now expire on December 31, 2020. Learn more about tax breaks that have been extended.
Take control back from the big box payroll companies and work with someone who can guide you to a better payroll process. GP CPA + GUSTO is the modern way payroll runs and the partnership that moves your business forward.
Since we now have less than 90 days left in the year, kindly keep me apprised of when you expect the major revenue collections to be during the next few weeks and we can adjust accordingly.
GP CPA has relied on cloud-based accounting technology for many years now and devotes a significant amount of time toward testing and learning the latest and greatest systems out there.
IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency’s larger efforts
IRS has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions.