Accounting September 21, 2022
The AG’s lawsuit to be filed in State Supreme Court in Manhattan accuses the Trump Organization and top company executives of purposely misrepresenting the value of assets emblazoned with the...
September 21, 2022
The Tax Blotter is a round-up of recent taxation news.
Accounting September 19, 2022
PICPA surveyed members on their perceptions of ESG to fully understand how the accounting profession is preparing for new reporting standards in this area.
September 15, 2022
Everyone knows the saying “hope for the best, prepare for the worst.” As tax professionals, we actually have to take this mindset a step further.
September 14, 2022
Whether you’re a perfect fit for these five firm types or somewhere in between, investing in the right tech stack will save your business time, money, and energy.
September 14, 2022
The new law retains the maximum credit of $7,500 for 2023 through 2032. However, the IRA changes other rules of the road, as follows:
Small Business September 9, 2022
A start-up business can claim a current deduction for qualified start-up costs if it meets two requirements, as stated by the IRS.
Small Business September 8, 2022
The latest extension—approved as part of the Consolidated Appropriations Act (CAA)—continues the WOTC for a five-year period.
September 7, 2022
Generally, the income is taxable in the year that the forgiveness or cancellation occurs. The creditor will
September 7, 2022
With this tried-and-true tax planning technique, you can defer the tax over several years, usually reducing the overall tax bite.
September 3, 2022
It cost a pretty penny to send your kids to school, but at least the tax law affords some measure of tax relief. Here’s a roundup of five key tax breaks for higher education.
September 2, 2022
The Internal Revenue Service mistakenly published confidential data for 120,000 taxpayers on its website before realizing the error and taking down the data, the Treasury Department said.