Estimates can be effective sales tools – if they look professional and offer attractive prices. Here’s how to create them using QuickBooks. You don’t need…read more

2017 is just around the corner. Now’s the time to do your end-of-year QuickBooks tasks. Since early January of this year, you’ve been faithfully creating…read more

Many former American citizens who live outside the U.S are not aware that they still may owe U.S. taxes. To remedy this situation and collect…read more

Being an auditor, it seems obvious to me that a strong bookkeeper is a necessity for a company. However, more frequently than not, I’ve seen…read more

During my tenure as a Global Compliance Manager, I can recall having to explain to taxpayers some confusing tax law. One law that has really…read more

Traditionally, audit procedures for private companies tend to focus on the balance sheet. That is, auditors evaluate whether the book values of the company’s assets…read more

You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. However, the rules make it hard…read more

The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and taxes. There has…read more

For the second consecutive year, the IRS has postponed implementation of a new rule that would have led to an estimated 44 million taxpayers receiving…read more

The Internal Revenue Service and the Treasury Department have issued final regulations and proposed regulations regarding 100% bonus depreciation. The final regulations confirm regulations issued…read more

In some cases, investors have significant related expenses, such as the cost of subscriptions to financial periodicals and clerical expenses. Are they tax deductible? Under…read more

This article applies to those who have been the subject of an IRS examination or audit. The Large Business & International Division (LB&I) announced that…read more