Small Business October 19, 2022
National Convenience Store Chain to Sell Marijuana
The retail partnership will begin next year with 10 of the company’s 600 locations in Florida.
October 18, 2022
PALs May Not Be Your Friend – Rental Property Tax Tips
If you own investment real estate that you rent out to tenants—for example, an apartment building—it can be a steady source of annual income.
October 18, 2022
Working Out a 1031 Exchange of Real Estate
You can still avoid current capital gains tax when you exchange one real estate property for another, or as a result of an exchange involving multiple parties, as long as certain requirements are met.
Taxes October 18, 2022
Congress to Mull Extending Tax Breaks for Kids, Companies
Passage could offer a marginal lift to households and companies next year as the U.S. faces risk of a recession.
October 17, 2022
Rydoo and Blue dot Partner to Provide Tax Automation Solution for Corporate VAT and Employee Benefits Reclaim
The partnership offers an AI powered solution empowering Rydoo customers with unprecedented visibility and control within the Rydoo workflow,
October 14, 2022
How IRS Changes Impact the Tax and Accounting Profession
The IRS is about to expand by hiring 87,000 more agents via the newly signed into law Inflation Reduction Act.
October 14, 2022
IRS Sending Letters to 9 Million Americans Still Eligible for Stimulus Payments, EITC, and Child Tax Credits
The IRS is sending letters to more than 9 million individuals and families who appear to qualify for a variety of key tax benefits but did not claim them by filing a ...
October 13, 2022
Hurricane Ian and Taxes: How CPAs and Tax Pros Can Help Their Clients
With the IRS providing tax relief for victims of Hurricane Ian, CPAs and other advisors are likely to get hit with questions. Here’s everything you need to know to help your impacted clients get the financial relief they need.
October 12, 2022
Locking in the Tax Exclusion for QSBS
The tax break for QSBS has been kicking around for a bunch of years and has gone through several iterations.
October 12, 2022
A Muni Swap In Time Can “Save Nine” – Tax Tips
Unless you’ve been marooned on a desert island like Robinson Caruso, you’re probably well aware of the main tax benefits of municipal bonds—often called often called “munis” for short. But let’s briefly recap them anyway.
Auditing October 11, 2022
Grant Thornton Launches Fraudrisk.x to Streamline Fraud Risk Assessments
It allows Grant Thornton’s professionals to amass and analyze a wide-ranging cross section of fraud risks factors for clients ...
October 10, 2022
Five Tax-Wise Ways to Invest in Gold
Generally, shares of gold-based assets like gold mining stocks and mutual funds are taxed at a maximum tax rate of 20% (15% for certain moderate-income investors), just like with most other capital assets.