To lower operating costs, it’s crucial to understand the downstream impact of any change, whether it is implementing new technology, cross-training employees, outsourcing certain functions or reorganizing infrastructure.
The march of innovation continues to transform our everyday lives and how we connect with friends, family and colleagues—it’s also reshaping how citizens interact with their government.
ERC submissions are under scrutiny by the IRS due to a surge in questionable claims. Are you confident your claim meets the eligibility requirements and can stand up to a potential audit?
The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.
For any business, understanding and effectively managing the cost of customer acquisition is crucial for success. In this video, we’ll explain what it is, how it’s calculated, and how it affects a business’s profitability, cash flow, and overall growth.
As an owner of an S-Corp, understanding the concept of reasonable compensation is crucial for tax planning and compliance. Learn about the IRS’s reasonable compensation rules for determining how much should be taken in the form of wages versus pass-through income.
Discover how the IRS is providing much-needed relief for Required Minimum Distributions (RMDs) in light of the SECURE 2.0 Act. Learn about the new transition rules that could potentially benefit retirees and their tax planning strategies.
In the landmark case of Moore v. United States, the taxation of unrealized gains will be tested, with far-reaching implications for taxpayers. Discover how this crucial legal battle could change the way investment income is taxed and what it means for your financial future.
Discover the key considerations when deciding whether to file taxes jointly or separately as a married couple, including the impact of state laws, deductions, and retirement account savings. Make an informed decision to minimize your tax liability and maximize your financial benefits.
The Corporate Transparency Act will require most businesses to provide beneficial ownership information to the U.S. Department of Treasury to combat money laundering. Find out who needs to report, what information is required, and when the reports must be submitted.
