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If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key issue is: Who paid for…read more
The IRS has confirmed the April 15th individual income tax and information return filing deadline is not being extended therefore taxpayers and their accountants are…read more
If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are…read more
It’s been a tough year for not-for-profits. Many have experienced an increased demand for services just as revenues have plummeted. Until the COVID-19 pandemic is…read more
If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you…read more
The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records….read more
EFPR Group is proud to recognize Mike Tomeno, senior auditor in Stonebridge Business Partners, for his achievement in becoming a Certified Fraud Examiner! We believe that continuous…read more
Cryptocurrency has gone mainstream, and if you’ve been sitting on the fence about accepting donations in virtual currency, it’s time to make a decision. But…read more
Although merger and acquisition activity has been down in 2022, according to various reports, there are still companies being bought and sold. If your business…read more
The America Institute of CPAs’ (AICPA) called for the Treasury Department and the IRS to provide relief to all taxpayers in light of the uncertainty and…read more
The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting requirements that will generally apply…read more
In 1993, a consortium of philanthropic organizations came up with the Donor Bill of Rights to guide not-for-profits in their interactions with financial supporters. For…read more
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