Latest Articles

January 28, 2021 

Following an unpredictable year with many changes and challenges, the IRS has shared several important reminders for taxpayers who are about to file their 2020 federal tax returns. Check with a tax professional if you have questions...

January 27, 2021 

Some fear that these tax increases will be retroactive to January 1, 2021, which is certainly possible. The last time a significant tax increase was enacted retroactively was in August 1993, when the Omnibus Budget Reconciliation Act included an ...

January 27, 2021 

The xTuple QuickBooks integration delivers the full, robust functionality of ERP, including inventory management, MRP, manufacturing shop floor control, planning and scheduling (including MPS forecast), distribution (including DRP and drop ship), and ...

January 27, 2021 

Members of the National Association of Tax Professionals (NATP) elected one new member to its 2021 board of directors. Charles Markham, MST, EA, joins eight additional board members who will guide the association through the coming year.

January 27, 2021 

These ERTC calculations cover the section 206 for 2020 with a 28-step calculation and section 207 for 2021 with a 12-step calculation. Complex calculations on this newly released legislation can now be run across dozens of clients in a matter of ...

January 27, 2021 

In the first quarter of the year, business travel services such as Uber, Lyft, Marriott, and Hilton held their usual spots among the top 10 most popular expenses. The airline industry, however, was absent from the list and already starting to show ...

January 26, 2021 

The median existing-home price for all housing types in December was $309,800, up 12.9% from December 2019 ($274,500), as prices increased in every region. December's national price increase marks 106 straight months of year-over-year gains.

January 26, 2021 

Despite most education moving online in 2020, the higher education sector has made limited concessions and continued to charge high tuitions despite a change in the offerings.

January 26, 2021 

The position will work with business units and offices across the IRS, including Chief Counsel, the Independent Office of Appeals and the National Taxpayer Advocate. The role is envisioned as working in coordination with the National Taxpayer Advocate...

January 26, 2021 

The report also provides a look at the path to recovery for chains, franchises, and independents and the year of transition ahead.

January 26, 2021 

To help businesses weather the devastating and ongoing effects of the COVID-19 pandemic, the Comptroller of Maryland has extended filing and payment deadlines for certain Maryland business taxes.

Gail Cole

January 26, 2021 

Prior to Brexit and the implementation of the U.K. ecommerce package, companies with locations throughout the EU could freely move goods between the U.K. and other EU member states. But now that the U.K. has left the Customs Union and VAT regime, goods...

Gail Cole