Take action now to reduce your 2023 income tax bill

Friday, November 24, 2023
A number of factors are making 2023 a confounding tax planning year for many people. They include turbulent markets, stabilizing but still high interest rates and significant changes to the...... Read More

Why are Quickbooks & Marketing the Perfect Pair?

Thursday, November 23, 2023
QuickBooks® is a popular business accounting software program. There are also a number of marketing platforms that businesses can use to stay in touch with customers. Using these tools in...... Read More

Selling your home for a big profit? Here are the tax rules

Tuesday, November 21, 2023
Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in July...... Read More

Should your 401(k) help employees with emergencies?

Monday, November 20, 2023
The SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible employers will soon be able to provide...... Read More

FASB finalizes new crypto standard in record time

Thursday, November 16, 2023
On September 6, the Financial Accounting Standards Board (FASB) unanimously voted to finalize new accounting rules on cryptocurrency assets — less than five months after the proposed standard was issued...... Read More

The tax consequences of employer-provided life insurance

Tuesday, November 14, 2023
If your employer provides life insurance, you probably find it to be a desirable fringe benefit. However, if group term life insurance is part of your benefits package, and the...... Read More

What Should You Be Doing if Your Business Receives More Than $10,000 in Cash?

Monday, November 13, 2023
Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions to the IRS — and not just on your tax...... Read More

EFTPS is requiring Multifactor Authentication

Friday, November 10, 2023
The Electronic Federal Tax Payment System® tax payment service is provided free by the U.S. Department of the Treasury. After you've enrolled and received your credentials, you can pay any...... Read More

Understanding the percentage-of-completion method

Thursday, November 09, 2023
Does your business work on projects that take longer than a year to complete? Recognizing revenue from long-term projects usually requires use of the “percentage-of-completion” method. Here’s an overview of...... Read More

Plan now for year-end gifts with the gift tax annual exclusion

Tuesday, November 07, 2023
Now that Labor Day has passed, the holidays are just around the corner. Many people may want to make gifts of cash or stock to their loved ones. By properly...... Read More