How Your Business Can Prepare For and Respond to an IRS Audit
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit rates for large […]
Can Marketability Discounts Apply When Valuing Controlling Business Interests?
Discounts for lack of marketability are well established when valuing minority interests in closely held businesses. But many valuation experts believe that controlling […]
Why Am I Being Audited and How Does the IRS Conduct Them?
As appearing at the IRS web page entitled “IRS Audits”.
An IRS audit is a review/examination of an organization’s […]
IRS Accelerates Work on Employee Retention Tax Credit Claims
As Reported via IR-2024-263 on 10/10/2024
The Internal Revenue Service announced on 10/10/2024 continued progress on Employee Retention Tax Credit claims, with processing […]
Unlock Your Child’s Potential by Investing in a 529 Plan
If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition programs, also known as §529 plans. These plans, named for the […]
Advantages of Keeping Your Business Separate From Its Real Estate
Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth […]
Why Your Business Needs to Protect Against Executive Fraud
You may trust your executive management team implicitly. But the research is clear: In organizations where executives turn to fraud, the results are […]
Can Homeowners Deduct Seller-Paid Points as the Real Estate Market Improves?
The recent drop in interest rates has created a buzz in the real estate market. Potential homebuyers may now have an opportunity to attain their dreams of purchasing property. “The recent […]
How Market Uncertainty Can Affect Business Value
Businesses face uncertain conditions today, including geopolitical and cybersecurity risks, inflation concerns, environmental issues, and a lack of clarity about future tax laws […]
Does Your Business Need to Report Employee Health Coverage?
Employee health coverage is a significant part of many companies’ benefits packages. However, the administrative responsibilities that accompany offering health insurance can be complex. One crucial aspect […]
