How COVID-19 Is Changing the Way We Work – and How Tip Can Help!

COVID-19, tax, TIP
August 12, 2020 0 Comments

The COVID-19 pandemic has certainly changed every aspect of life around the globe. With alterations to the way we work, learn, and even play, everything seems to be different as the country, and the world adjusts to a new version of normal.

The New Way We Work

As such, it’s no surprise the global pandemic has changed the way millions of Americans do their jobs.

  • Several industries are thriving, while others struggle to stay afloat.
  • Many businesses have made changes to their income and workforces.
  • Millions of Americans are switching from a traditional office setting to remotely working from home.

Certainly, COVID-19 has created new challenges and questions in the workplace.

  • So, what are these significant adjustments?
  • And how do they affect your bottom line, especially when it comes to your taxes?

Take a closer look at the recent and sweeping adjustments many have made across the board in the past few months. Also, let’s look at the following.

  • How your business can best move forward
  • How to move on when it comes to your taxes and income
  • Ensure you receive the largest tax refund possible

Some Businesses Thrive While Others Struggle

One of the most significant economic headlines in the past few months when it comes to the COVID-19 pandemic is the success or deterioration of certain industries around the country.

For example, recreational and tourism-based businesses are struggling, such as:

  • Amusement parks
  • Cruise lines
  • Restaurants
  • Entertainment venues like movie theaters
  • Additional industries that depend on large crowds to operate

On the flip side, industries may benefit from Americans staying at home, such as:

  • Grocery stores
  • Delivery services
  • Technological companies
  • Farmers and food producers
  • Companies considered a basic, essential service

We Work With All Industries

At TIP, we work with different industries that rely on fuel to get the job done. And as such, we have seen clients both struggle and thrive in the past chaotic months.

  • A food provider or a delivery service swamped in recent weeks.
  • An entertainment venue or tourism-related business struggling to stay afloat.

Regardless of your industry, we have the expertise required to assist with your unique situation while ensuring you obtain the biggest fuel excise tax refund.

Your Workplace Landscape Has Likely Changed

Many offices and workplaces have either shuttered or put in new restrictions to keep their employees safe. This situation means Americans, on the whole, are working in an entirely new way.

As working from home becomes more normal, businesses are also adapting by:

  • Hosting online meetings
  • Attending virtual consultations
  • Taking steps to work effectively while still maintaining social distance

We Provide Online Consultations

At TIP, we provide online consultations for our new and existing clients to ensure we can provide the same exceptional service in a remote setting.

If you have questions about our services and how we can help your business receive the largest fuel excise tax refund possible, you can easily contact us.

We’ll get started on scheduling your free consultation with our experienced and professional team.

The 2020 Tax Season Is Different, and May Continue in 2021

The IRS extended the due date to file your 2020 taxes this past year due to the COVID-19 pandemic. The IRS changed the traditional file date of April 15 to July 15.

This trend may continue in 2021 as well. And this adjustment trend is one Americans will want to keep an eye on in the months to come.

Fuel Prices Have Gone Down – That Doesn’t Mean Your Fuel Excise Tax Refund Has to Go Down as Well

As gas prices have hit record lows, businesses that are due a fuel excise tax refund may be concerned this amount will be smaller in the years to come.

However, this is not necessarily the case. The best way to see what your fuel excise tax refund may entail – and how it might change in the future – is to contact TIP.

With just a little basic information from you on your operations, we can help you determine how lowered fuel prices may impact your bottom line come tax season.

Some Things Remain the Same

At TIP, our adherence to providing the best service possible while ensuring you get the fuel excise tax refund you deserve has not changed.

And we’ve discovered now, more than ever, is when you need to examine your options when it comes to tax refunds thoroughly.

This is a time when companies need to be focused on saving money so they can survive this challenging pandemic landscape and get back to normal.

It’s More Important Than Ever to Contact Our Professional Tax Team Today

With a little preliminary information from you, we can get to work at exploring your options when it comes to fuel excise tax recovery and can determine how to put money back into your pocket.

Best of all, we can provide all of our exceptional services remotely and online, so you can expect the same stellar service and attention that the professionals at TIP have to offer, all while maintaining a safe distance and continuing to work from home.

Ready to Get Started? Now Is the Time to Explore Your Options

Regardless of your industry, we will dive deep to find the largest refund possible for your company. Contact us today via phone, email, or online form.

Let’s work together to ensure no matter how the world changes in the months and years to come, you won’t leave anything behind when it comes to the hard-earned refund monies you are due.

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Article Name
How COVID-19 Is Changing the Way We Work – and How Tip Can Help!
Take a closer look at how the workplace landscape has changed in the wake of the Coronavirus pandemic, and how TIP can help.