President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy initiative. The announcement followed the…read more

The costs to set up cloud computing services can be significant, and many companies would prefer not to immediately expense these setup costs. Updated guidance…read more

Many organizations get stuck in procedural ruts because it’s easier in the short term to continue doing things the way they’ve always been done. But…read more

Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a…read more

QuickBooks’ structure is universal enough to appeal to millions of small businesses. Custom fields help you shape it to meet your company’s unique needs. If…read more

EFPR Group invites you to attend a critically important seminar to help you avoid the negative impact of college debt or restructure the loans you…read more

From changes in tax rates to a doubled standard deduction – and much more – individual taxpayers are scrambling to keep up with the flood…read more

Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home….read more

If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets….read more

The IRS has published new regulations relevant to taxpayers subject to the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs or other defined…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

To say that most small to midsize businesses have at least considered taking out a loan this year would probably be an understatement. The economic…read more