Income Taxes

Featured Articles

Report Shows Trends Affecting Firms

Firm Management June 21, 2022 

Report Shows Trends Affecting Firms

Practice management is the heart and sole of an accounting firm, handling everything from initial client contact to managing workflow, to properly tracking hours and billing clients. When asked, here’s what respondents said were their biggest practice management challenges in 2021.

Mary Girsch-Bock

estate_taxes_2_.55104565de348

September 16, 2021 

2021 Estate Planning Tips for Business Owners

Estate planning is often in the back of many people’s minds yet tends to be avoided due to the unsettling thoughts and fears regarding death. Nevertheless, estate planning is a necessity for anyone with children, a business, personal assets, or ...

trump-tower-2302601_1280

July 1, 2021 

Trump Organization and CFO Charged with Tax Fraud

Weisselberg has worked for the organization since the early seventies. He has been praised by the former president for his loyalty on numerous occasions. The CFO has even helped with Trump's tax returns for more than twenty years.

trump-tower-2302601_1280

July 1, 2021 

Grand Jury Indicts Trump Organization and CFO on Tax Charges

A grand jury in Manhattan filed criminal indictments Wednesday against the Trump Organization and Weisselberg, the Washington Post reported. The indictments will remain sealed until Thursday, so it’s not clear with what they’re specifically charged ...

600full_the_dirty_dozen_poster_1_.54c1395131ce4_1_.5f11be0399807[1]

June 29, 2021 

IRS “Dirty Dozen” List for 2021 Includes Pandemic Scams

This year’s “Dirty Dozen” will be separated into four separate categories: pandemic-related scams like Economic Impact Payment theft; personal information cons including phishing, ransomware and phone ‘vishing’; ruses focusing on unsuspecting victims ...

tax_planning_1_.57bce95f256b3

June 24, 2021 

Do Your Clients Need a Mid-Year Tax Checkup?

CPA tax advisors are in a unique position as financial physicians. Now is an ideal time to be proactive and contact clients who might be in need of a mid-year financial check-up. With potentially significant changes to the tax landscape looming, we ...

marijuana hemp-pixabay AV_Photographer 3615436_960_720

June 24, 2021 

Cannabis Accounting: What Your Clients Need to Know

Because so many new cannabis business owners have lots of questions I've pulled together the common ones I hear so you can help prospective clients understand the ways accounting professionals can support their businesses.