Still have questions after filing your tax return?

Tuesday, July 04, 2023
Have you successfully filed your 2022 tax return with the IRS? You may think you’re done with taxes for another year. But some questions may still arise. Here are brief...... Read More

When to take advantage of the rehabilitation tax credit

Monday, July 03, 2023
If your business occupies substantial space and needs to increase or move from that space in the future, you should keep the rehabilitation tax credit in mind. This is especially...... Read More

What Are the Grey Areas of Accounting?

Thursday, June 29, 2023
Accounting and auditing standards have come under scrutiny in the wake of recent high-profile bank failures. Investigations are currently underway about what went wrong with Silicon Valley Bank and Signature...... Read More

Documents you can discard after filing your tax return

Tuesday, June 27, 2023
Once you file your 2022 tax return, you may wonder what personal tax papers you can throw away and how long you should retain certain records. You may have to...... Read More

Is an S corporation a good entity for your business?

Monday, June 26, 2023
If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable form of business for your new...... Read More

Decluttering Quickbooks

Thursday, June 22, 2023
Have your company’s accounting records become cluttered with duplicate items and unused accounts? When you need to revise your QuickBooks® lists — such as the chart of accounts, customers and...... Read More

The tax rules governing charitable art donations

Tuesday, June 20, 2023
If you're an art collector, you might be interested in the tax benefits associated with giving a piece of artwork to a good cause. Regarding such contributions, a number of...... Read More

Protect the advertising expenses of your business

Monday, June 19, 2023
Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ones. This valuable tax deduction can help businesses cut their...... Read More

New Accounting Rules for Common Control Leases

Thursday, June 15, 2023
On March 27, 2023, the Financial Accounting Standards Board (FASB) published narrowly drawn amendments to the lease accounting rules. The updated guidance clarifies issues that are relevant to rental agreements...... Read More

Sec. 174 changes: time to review your business R&E strategy

Monday, June 12, 2023
It’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, but it’s still having an impact. Several provisions in the law have expired...... Read More