4.7.25
Three Critical Issues for Manufacturers Under the Trump Administration
The Trump administration is proposing and implementing a wide range of new policies at a rapid pace. Many could have significant repercussions for U.S. manufacturers.…
4.7.25
Small Business Alert: Watch Out for the 100% Penalty
Some tax sins are much worse than others. An example is failing to pay over federal income and employment taxes that have been withheld from…
4.1.25
Improving Financial Performance through Analytics
Effectively analyzing financial performance requires a combination of analytical, problem-solving and technical skills. By leveraging financial data, businesses can gain valuable insights into their successes,…
4.1.25
Talking About the “Sandwich Generation”
The term “sandwich generation” was coined to describe baby boomers caught between caring for their aging parents and their children. “Sandwich generation” now applies to…
4.1.25
The Tax Side of Gambling
Whether you’re a casual or professional gambler, your winnings are taxable. However, the Treasury Inspector General for Tax Administration reports that gambling income is vastly…
4.1.25
Payroll Fraud Threats Inside and Outside Your Company
Payroll fraud schemes can be costly. According to a 2024 Association of Certified Fraud Examiners (ACFE) study, the median loss generated by payroll fraud incidents…
4.1.25
Tax Records: What Can You Toss and What Should You Keep?
If you’ve filed your 2024 tax return, you may be eager to do some spring cleaning, starting with tax-related paper and digital clutter. The documentation…
3.31.25
Are You a Tax-Favored Real Estate Professional?
For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An individual taxpayer can generally deduct…
3.24.25
Six Essential Tips for Small Business Payroll Tax Compliance
Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships and even legal consequences. Below are…
3.20.25
Beneficial Ownership Information Reporting Requirements Suspended for Domestic Reporting Companies
The twisty journey of the Corporate Transparency Act’s (CTA’s) beneficial ownership information (BOI) reporting requirements has taken yet another turn. Following a February 18, 2025,…