insights
Blog Posts
We provide our clients with the most up-to-date industry insights on a wide range of relevant topics.
What Not-For-Profit Organizations Need to Know About Financial Statements
2/28/24 6:20 AMTax-exempt status for not-for-profit organizations allows them to devote their resources to pursuing their missions. To ...
Six Factors to Help Determine Whether a Worker Is an Employee or Independent Contractor
1/18/24 6:47 AMA recent U.S. Department of Labor (DOL) rule was issued to help business owners properly classify workers as employees o...
If Your Business Files >10 Information Returns, E-File Is Now Required
1/18/24 5:43 AMA rule change, effective Jan. 1, 2024, for the 2023 tax year, requires businesses that file 10 or more information retur...
To Sell or Not to Sell: Is a Business Sale Needed to Generate Liquidity or Can IRC Section 6166 Save the Day?
1/9/24 6:14 AMWith changes to the estate tax rules, effective Jan. 1, 2026, many owners of closely held businesses will face serious r...
2024 Q1 Key Tax Deadlines for Businesses and Other Employers
12/27/23 6:33 AMBelow you will find key tax-related deadlines affecting businesses and other employers during the first quarter of 2024....
Business Mileage Rate Increases to 67¢ in 2024
12/27/23 5:34 AMThe IRS announced that the standard mileage rate for the business use of a car, van, pickup or panel truck will be 67¢ c...
IRS Delays New Reporting Rule for Online Payment Processors
11/30/23 4:45 AMFor the second consecutive year, the IRS has postponed implementation of a new rule that would have led to an estimated ...
There still may be time to reduce your business’s 2023 tax bill
11/28/23 7:08 AMIn the midst of holiday parties and shopping for gifts, don’t forget to consider 2023 year-end tax planning strategies f...
5 Strategies to Cut Your Company’s 2023 Tax Bill
11/20/23 10:19 AMAs another year ends with interest rates and markets in flux, one thing remains certain: Reducing your company’s 2023 ta...
Key 2024 Inflation-Adjusted Tax Parameters for Business Owners
11/20/23 9:48 AMThe IRS recently announced their 2024 inflation adjustments. Here’s a rundown of the amounts that are most likely to aff...