Latest Articles

October 2, 2020 

Also, as part of IRS’s continued focus in this area, the IRS has become aware of variations of the abusive micro-captive insurance transactions. Examples of these variations include certain Puerto Rico and offshore captive insurance arrangements that ...

October 2, 2020 

Rimilia is a provider of accounts receivable automation solutions that enable organizations to control cash flow and cash collection in real time. Using artificial intelligence (AI) and machine learning, the SaaS (Software-as-a-Service) platform ...

October 2, 2020 

The Internal Revenue Service Chief Counsel has released Chief Counsel Notice 2021-001 (CC Notice), which contains information regarding Chief Counsel’s settlement initiative for certain pending Tax Court cases involving abusive syndicated ...

October 1, 2020 

After a remarkably hot summer, home sales are expected to peak this fall then taper off in 2021 while staying above pre-pandemic levels, according to a forecast by Zillow's team of economists in this week's Market Report. Key market stats from ...

October 1, 2020 

Social media doesn’t have to be scary. By mixing a potion of entertainment with education, you are providing valuable information in a way that makes people want to come back for more.

Becky Livingston

October 1, 2020 

While nearly half of small business owners believe they are prepared to handle a cyberattack, only 39% of independent agents believe that their customers are prepared to prevent one. Only 17% of small business owners, or fewer than 1 in 5, say they have c

October 1, 2020 

It’s worth revisiting your work-from-home policy from time to time to see what is and isn’t working. Ask for feedback and ask for what problems it’s causing people. Always be sure to iterate and test new ideas out to see if you can...

October 1, 2020 

Contactless services and touchless payments are the backbone to business success today. Many local businesses cannot afford to build their own mobile app or maintain effectual customer communications while keeping overhead costs low.

October 1, 2020 

Reports from the U.S. Treasury Department have begun surfacing indicating that the federal agency expects to step up the pace of processing Payroll Protection Program (PPP) loan forgiveness applications later this week or early next week. Both the Nation’s Restaurant News and The Wall Street Journal are reporting that “a Treasury Department spokesperson” confirmed that...…

Gail Perry

September 30, 2020 

On the joint 2019 return filed by Biden and his wife, Dr. Jill Biden, the couple paid almost $300,000 in federal taxes on approximately $985,000 of adjusted gross income (AGI), resulting in a relatively high effective tax rate of 29.5%.

September 30, 2020 

On Wednesday, the Internal Revenue Service issued the following statement with regard to the New York Times report on President Donald Trump's taxes.

September 30, 2020 

The top Republican on the House Ways and Means Committee and the top Republican on the Oversight Subcommittee sent letters to the IRS and the DOJ asking them to launch investigations into the unauthorized disclosure of the President’s tax information.