IRS updates FAQ page on 1099-K reporting, as change is coming
28 February 2024
Frequently being asked questions about changes in 1099-K reporting under the American Rescue Plan...
2023 Inflation Adjustments Impact Qualified Small Businesses, Business Interest Limitation Exemption and Expensing of Depreciable Assets
19 April 2023
Various provisions of the Internal Revenue Code that are tied to specified dollar amounts...
Renewable Energy Tax Credit Transfers: Doing Well by Doing Good
15 March 2023
Beginning in January 2023, U.S. taxpayers have the green light to leverage many of the tax benefits...
Tax-loss harvesting may reduce your tax liability
12 January 2023
As we begin 2023, one tax liability-reducing strategy is taking advantage of IRS rules that can...
Is Your Company Effectively Managing Tax Risk?
25 August 2022
The concept of “tax risk” is an increasingly important and regular topic of discussion across...
Employee Retention Credit still available, can extend into 2024
11 August 2022
Many non-profits and private businesses buffeted by government-ordered mandated shutdowns and...
Mandatory Capitalization of R&E Expenses — Will the New Rules Impact your Business?
24 March 2022
Businesses that invest in research and development, particularly those in the technology industry,...
NFT Tax Overview: Considerations for Creators and Investors
17 March 2022
Non-fungible Tokens (NFTs) have exploded in popularity over the last several years, and as...
IRS taking action to provide relief to taxpayers
8 February 2022
Amid continued backlog, the IRS will temporarily reassign some staff members, implement “surge...
Wondering what to do with your tax refund? Consider an I-bond
7 February 2022
If you usually get a tax refund, this might be a good year to use it for something different. The...
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