BY:  GINA B. BLISS I took my summer beach vacation last week.  We rent a house on the beach, and just relax.  I look forward…read more

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. How do the…read more

The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per…read more

A few years ago, IRS Revenue Procedure 2018-15 changed the rules regarding not-for-profit restructuring. If you’ve participated in a restructuring in the past, you’ll be…read more

COVID-19 may be behind us, however, it is not too late to see if your business is eligible for government funded credits and grants such…read more

Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in? If the ventures are passive…read more

The IRS recently released its audit statistics for the 2022 fiscal year and fewer taxpayers had their returns examined as compared with prior years. But…read more

Whether to order soup or salad used to be the one of the toughest decisions made at a business dinner. Now, thanks to a lack…read more

Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport utility vehicle (SUV), you may…read more

Although most not-for-profits have been hurt by the coronavirus (COVID-19) pandemic, your organization’s specific challenges probably depend on your mission, constituency and other factors. For…read more

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved ones. Taxpayers can transfer substantial…read more

December 2, 2015, Rochester, New York: EFPR Group, LLP has announced the acquisition of its first accounting practice in the Florida market. EFPR Group has…read more