Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have…read more

When President Biden signed the Inflation Reduction Act (IRA) into law in August, most of the headlines covered the law’s climate change and health care…read more

If you’re getting ready to retire, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief…read more

The IRS recently announced that it’ll increase the standard mileage rate for qualified business driving for the second half of 2022. The adjustment reflects the…read more

In the face of a flood of illegitimate claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed an immediate moratorium through at…read more

Thinking of acquiring a competitor to expand market share or achieve economies of scale? Or maybe you want to merge with a supplier to become…read more

Every new company should launch with a business plan and keep it updated. Generally, such a plan will comprise six sections: executive summary, business description,…read more

What You Need to Know About the WannaCry Ransomware Program Just days after President Trump signed a much-anticipated executive order on cybersecurity, a massive cyberattack—potentially…read more

Congress has passed the latest legislation aimed at providing economic and other relief from the COVID-19 pandemic that has haunted the country for the last…read more

This article applies to Controlled Foreign Corporations (CFCs) and in some cases, other foreign corporations. This article outlines recent IRS guidance relating to accounting method…read more

Nonprofit capital campaigns aim to raise a specific — usually, a significant — amount of money over a limited time period. Your not-for-profit may undertake…read more

When preparing your tax return, we’ll check one of the following statuses: Single, married filing jointly, married filing separately, head of household or qualifying widow(er)….read more