The imminent enforcement of the Corporate Transparency Act (CTA) is a critical turning point that demands immediate attention from business owners to avoid severe penalties.…
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As businesses continue to grapple with the financial aftershocks of the COVID-19 pandemic, one beacon of relief remains within reach: the Employee Retention Credit (ERC).…
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The new lease accounting methods have been an important topic for businesses over the last few years. Determining if an enforceable lease exists is an…
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What does your tax return say about your financial situation? The paperwork you file each year offers excellent information about how you are managing your…
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A key provision of the American Rescue Plan Act passed in 2021 includes lowering the thresholds that trigger a Form 1099-K – Payment Card and…
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Business travel is back. COVID restrictions have eased, and in-person conferences are back on the calendar. And as more people return to offices, companies are…
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Technology has long made accounting easier, from the first adding machines to electronic spreadsheets to today’s cloud computing ecosystem. While recent advancements have allowed business…
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The Internal Revenue Service will raise the optional standard mileage rate for the final six months of 2022 to help offset the rise in gas…
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From Super Bowl commercials to teenage NFT millionaires — and even Elon Musk’s support of the dog meme-inspired currency Dogecoin — cryptoassets have been making…
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The start of a new tax filing season often brings with it longer hold times with the IRS, as taxpayers and their tax preparers inundate…
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