VOLUME 3 2022

It’s March, so that means tax time is now in full swing! It can be a stressful season, and you may be needing some extra guidance. This month we’re focusing on providing you with the advice you need to prepare for those approaching April deadlines — and run a successful business all year round.

You’ll get our tips for managing stress, working with your spouse, handling mixed-use property rules and choosing the best way to file your taxes as a married couple. You’ll also hear from Kevin Garibaldi, owner of Garibaldi’s New Orleans Cuisine, about his story and his advice for fellow business owners.


7 Ways to manage stress + Tips for tax time

Between allergens blooming, unexpected world events, and those dreaded tax deadlines approaching, spring can be overwhelming. Here’s our advice for managing stress during tax time.


Updated IRS Account Setup Guide

After receiving backlash, the IRS made changes to the identity verification process for creating an online account. Here’s your step-by-step guide to setting up your IRS account with the new process.


Kevin Garibaldi found the recipe for success with Padgett

After adding restaurant ownership to his plate, Kevin’s Padgett partnership was key. “I think that you’ve got to find someone you trust, like I trust Padgett Business Services," he says.


How to make marriage work in the workplace: advice from Padgett firm owners

Many couples find that the best business partner is also their life partner — as is the case for many Padgett owners. Here’s their advice for making business co-ownership work as a married couple.


How owning a vacation home affects your taxes

With vacations approaching, you may be thinking about how you can make a little extra money by renting out space in your home. But first, it’s important to know how it could affect your taxes.


Filing options for married taxpayers

If you’re married, you may assume that filing a return jointly is what you’re supposed to do. In fact, you can file separate returns. So how do you know whether to file jointly or separately?


About Padgett

At PADGETT BUSINESS SERVICES®, we know the stresses of running a business can keep owners awake at night. Your business is your livelihood — and quite possibly the livelihood of your employees — so it’s no wonder it’s always on your mind. PADGETT is here to help. We offer tax, accounting, payroll and advisory services that can help your business reach new heights, allowing you to rest easy.

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PADGETT BUSINESS SERVICES® is dedicated to meeting the accounting, tax, payroll, compliance and advisory needs of small businesses. This publication is intended for informational purposes only and should not be construed as tax or legal advice. Such information is by nature subject to revision and may not be the most current information available. You should seek advice from a PADGETT BUSINESS SERVICES® representative or an independent advisor before acting on any of the information contained in this document. Each office is independently owned and operated.