Businesses

06/11/2025

Breaking Down the New Proposed Tax Rules Impacting Small Businesses

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act. The Senate is expected to...

post

Business

05/06/2025

SEP and SIMPLE Retirement Plans May Be Great for Your Small Business

Operating a small business? Consider opting for a SEP or SIMPLE retirement plan. Are you looking for a way to...

post

Business

05/06/2025

New IRS 1099 E-Filing Rules for 2025: Avoid Penalties with TIN Matching

IRS 1099 e-filing rules are changing for the 2025 filing season. Here’s what small businesses need to know. The IRS...

post

Business

03/27/2025

Introduction to Employee Stock Ownership Plans (ESOPs)

What is an ESOP? Employee Stock Ownership Plans, or ESOPs, are tax-advantaged defined contribution retirement plans primarily designed to hold...

post

Business

03/25/2025

This Time They Mean It – No BOI Filing Required!

On Friday, March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued interim guidance on Beneficial Ownership Information reporting requirements...

post

Business

01/07/2025

Back to Basics: The Percentage of Completion Method of Accounting for Contractors

If you are in the construction industry or read our prior article on Methods of Accounting for Construction Contractors, chances...

post

Business

12/12/2024

Year-End Tax Update 2024

As the year comes to a close, staying updated on the latest tax changes and planning opportunities is crucial for...

post

Financial News

12/03/2024

Accounting Technology: Trends, Updates, and Tools

Join us for an insightful session on accounting technology, designed to guide you through the critical steps of selecting, implementing,...

post

Financial News

11/14/2024

IRS Implements Changes to Increase Accuracy of 1099 Filings

For years the IRS focused on the accuracy of W-2s in reporting income. Employers were required to have an employee...

post

Business

11/08/2024

Beneficial Ownership Information Reporting Resources for Small Businesses

Update 3/3/25: On March 2, 2025, the U.S. Department of the Treasury announced that it will no longer enforce the...

post

Business

11/08/2024

Deep Dive: The Research & Development Credit

Join us for an exploration of the Research & Development (R&D) Credit, a valuable tax incentive that rewards businesses for...

post

Business

10/28/2024

Cash or Accrual Accounting: What’s Best for Tax Purposes?

Your business ventures may have the option of choosing either the cash or accrual method of accounting for tax purposes....

post

Business