Tax Blog

So, we’re a month into 2023 and the sheen might’ve dulled from all your shiny, New Year’s resolutions. Though diet...

Apart from the spike in inflation, 2023 ended the year with a relatively strong economy, boasting an unemployment rate of...

When it comes to defining an impaired asset, its fair market value is worth less than the original cost of...

Every year, typically right after the new year starts, the IRS formally announces key dates and deadlines for the current...

According to the Harvard Business Review, mark-to-market accounting was what some attributed to the Great Financial Crisis of 2008. Economists...

Respect for Marriage Act (HR 8404) – Introduced by Sen. Jerry Nadler (D-NY) on July 18, this Act replaces previous...

Technology advancement has brought about great digital transformation. Unfortunately, this has come with a global tech talent shortage. IT executives...

For the most part, New Year’s resolutions are hard to keep because many times you either list too many things...

Even if you have no heirs, you should have an estate plan. Otherwise, the state will determine the fate of...

When it comes to businesses and their inventory and accounting methods for managing it, there are a few different ways...

According to the IRS, not only is your ignorance no excuse, but so is that of your tax preparer. In...

By 2021, there were 20,000 warehouses in the United States and growing, according to the United States Bureau of Labor...

Disaster Resiliency Planning Act (S 3510) – Introduced by Sen. Gary Peters (D-MI) on Jan. 13,this Act details guidelines for...

This article is not for those of you who prepare your own tax returns. Let us face it when you...

Data has become a primary asset for businesses today. Consequently, the survival of a business in our data-driven environment is...

Believe it or not, the year is coming to a close. If you want to finish strong and set attainable...

Although you might get busy with the holiday season, don’t forget to consider ways to strengthen tax efficiencies for 2023...

When there's a question of the benefit that tangible or intangible assets provide businesses, there are many factors that must...

Now is the time of year to do everything you can to minimize taxes and maximize your financial health with...