IRS announces new initiative aimed at high-income non-filers
03/7/2024
IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing. […]
Accounting News
Inflation expectations remain remarkably well anchored
03/5/2024
The inflation shock of the past three years is abating. One reason is that expectations of future inflation continue to remain remarkably well anchored. […]
Accounting News
The IRS urges businesses to review ERC claims for 7 common red flags
02/26/2024
IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect. […]
Accounting News
Crossing borders for remote work: key considerations for employers
02/22/2024
As more companies embrace remote work, employers need to be aware of the various rules and regulations that can apply to remote employees. The implications of remote work crossing state […]
Accounting News
Financial analysis of leasing vs. purchasing a vehicle
02/20/2024
Understanding the financial differences between leasing and purchasing a vehicle can save you a significant amount of money. This article provides a detailed breakdown to help you make an informed […]
Accounting News
Navigating the complex landscape of artificial intelligence adoption
02/16/2024
Artificial intelligence (AI) has rapidly become a key element of business strategies. But what are the risks companies need to consider? […]
Accounting News
Practical strategies for managing a sudden financial gain
02/16/2024
Are you equipped to handle a sudden financial gain? Learn four steps you can take to navigate tax planning and potential tax burdens associated with a financial windfall. […]
Accounting News
From partnerships to side gigs, who really owes self-employment taxes?
02/8/2024
Explore the impact of a recent legal shift that broadens the scope of self-employment taxes, including limited partners and gig workers. Learn how everyday activities could land you in the […]
Accounting News
Navigating the new DOL guidance on worker classification
02/1/2024
The U.S. Department of Labor’s new rule reinstates the “economic reality test” for distinguishing employees from independent contractors and underscores the significant legal and financial consequences of misclassification. This article […]
Accounting News
Tax relief bill passes House, faces uncertain fate in Senate
02/1/2024
Tax legislation packaging the child tax credit and favorable business tax provisions moves to the Senate with momentum but an uncertain fate. […]
Accounting News
7 reasons to consider payroll outsourcing
01/26/2024
Managed payroll, also known as payroll outsourcing, can decrease risk, increase accuracy, protect sensitive data and better support your business. […]
Accounting News
LLC liability: situations that could compromise your personal assets
01/22/2024
Is your LLC really protecting your personal assets? Learn about the situations where an LLC may not fully safeguard your assets and discover practical measures to avoid them. […]
