How to Claim Tax Deductions After a Disaster
If you’re just joining us, I recommend reviewing part one of the series on tax breaks for disaster victims for introductory comments on the deductions available
The latest information from our Accountants
If you’re just joining us, I recommend reviewing part one of the series on tax breaks for disaster victims for introductory comments on the deductions available
Deloitte & Touche announced a strategic alliance with audit technology provider AuditBoard in conjunction with AuditBoard’s user conference this week in Los Angeles. The alliance
Democrats are vowing to crack down on tax cheats by giving banks new requirements to disclose to the IRS accounts that have total annual inflows
The way tax seasons work, it always feels like the next one is just around the corner. Over the last year (2021), there have been
QuickBooks is a dynamic application for small and mid-sized business organizations. An integral part of running an enterprise is communicating with potential clients and customers,
Democratic Senator Joe Manchin said there’s little chance that Congress can complete work on President Joe Biden’s economic agenda by the end of the month
In case we haven’t met before, I’m Dawn Brolin and I want to commend you for taking action and acknowledging to yourself that you too,
When considering estate taxes, where your client lives has a big impact on how much their estate will owe when they die. There are both
International tax reforms, along with supply chain transformations spurred by the COVID-19 pandemic, are contributing to an unprecedented level of uncertainty about transfer pricing among
The Internal Revenue Service’s Office of Chief Counsel is spelling out new requirements for information from companies submitting claims for research credit tax refunds to
The Internal Revenue Service said Friday it’s updating the process for the frequently asked questions pages it posts on its website about new tax legislation.
TurboTax is a leading software catering to the income tax needs of small and medium-sized businesses. However, despite its easy to operate tools, the application
While the switch from working in an office to working at home during the pandemic was abrupt, most businesses and their employees adapted quickly to
The cybersecurity landscape is always changing: Between 2019 and 2020, ransomware attacks rose by 180 percent in North America alone, according to a 2021 report by
In a new case, Nurumbi, 2021-79, TC Memo 2021-79. 6/30/21, an Uber driver ran afoul of the rules, but at least was able to salvage
Corporate board members may finally be ready to embrace environmental, social and governance reporting by their finance teams. Nearly two-thirds (64%) now say that ESG
Let’s time travel back to a couple of days before Santa descended chimneys in 2017, which was when Congress okayed and President Donald J. Trump
The Social Security Administration said Wednesday that Social Security and Supplemental Security Income benefits will go up 5.9% next year, affecting approximately 70 million Americans.
Growing your accounting firm is like making a cross-country trip from New York to Los Angeles. Either you forgo a map and head in a
How to network; testing cyber defense; Pandora the explorer; and other highlights from our favorite tax bloggers. Attack and conquer Strategic Advisor (https://strategicadvisor.liveplan.com/): Being an
Xero, the global small business platform, today unveiled that it will roll out a series of significant technology and design updates to new reports over
Barter and Trade are some standard terms used while you run a business, and some users are still unsure about the difference between the two.
This column converts an excellent article by John P. Napolitano, chairman and CEO of U.S. Wealth Management, into a checklist that could be used to
Opinions expressed by Entrepreneur contributors are their own. Every company in every industry has accounting needs, and those needs change dramatically as a company grows
The Internal Revenue Service’s Tax Exempt and Government Entities division is making plans for next fiscal year in hopes that Congress will provide more funding.
Businesses of all sizes are turning to cloud-based solutions to assist in their accounting and finance functions. However, businesses may end up facing roadblocks down
Diverse offerings, like bundled services your business clients may feature, can be attractive to consumers, but the tax implications can get complicated. Moreover, some of
A vast overhaul of corporate taxation won support from 136 countries, as nations resolved key differences over the level of a global minimum rate and
Self-employed workers have become a prominent demographic amidst the COVID-19 pandemic. Labour Market Information Council reports that in Canada, as much as 73 percent of self-employed people are working
It’s being called the “Great Resignation.” In 2020, the pandemic brought into clear focus what today’s workers value: work-life balance, working remotely and a shared
© Scott M. Aber, CPA, PC