Join our tax experts for valuable insights into the changes that could impact you and your business this tax year....
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Business
12/04/2023
2024 Inflation-Adjusted Tax Parameters for Small Businesses and Their Owners
The IRS recently announced various inflation-adjusted federal income tax amounts for 2024. Rates and Brackets If you run your...
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Business
11/20/2023
Gearing up for 1099 Filing Season: What you need to know about paying vendors via cash apps
The IRS is increasing the income reporting requirements on businesses, banks, and third-party settlement organizations (known as PSEs – Payment...
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Business
11/20/2023
Gearing up for 1099 Filing Season: Important Change to Form W-2, Series 1099 E-file Requirements
IRS lowers e-filing requirements for W-2 and series 1099 returns – most must e-file The IRS is utilizing technology more...
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Business
11/10/2023
Restricted Stock Awards and Taxes 101
Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation (non-cash compensation offered to employees). Some...
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Business
11/02/2023
Beneficial Ownership Information Reporting
Beginning January 1, 2024, the Corporate Transparency Act will require millions of U.S. companies to file first-time beneficial ownership information...
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Business
10/31/2023
Navigating Business Automobile Depreciation Rules
As a business owner, understanding the intricacies of tax rules related to your company vehicles is crucial for making informed...
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Business
10/24/2023
Concerned Your Employee Retention Credit may be Calculated Incorrectly?
In the news recently, the IRS announced a moratorium that will last at least through December 31, 2023, on reviewing...
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Business
09/25/2023
The Fundamentals of Buying and Selling a Business
Buying and selling a business happens every day in every industry, yet many don’t understand the fundamental parts of the...
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Business
09/18/2023
IRS Halts Processing New Employee Retention Credit Claims
On September 14, 2023, the IRS issued a news release stating that effective immediately it will halt reviewing and approving...
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Business
08/03/2023
Updated Form I-9 for New Hires Plus a New Alternative Verification Method
The new version of Form I-9 is out and available for use as of August 1, 2023. It can be...
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Business
06/08/2023
Upcoming Changes to Employee Benefit Plan Audit Requirements
The Department of Labor (DOL) requires sponsors of employee benefit plans subject to the annual Form 5500 to include an...