In 2021, Congress passed the Corporate Transparency Act (CTA). The CTA requires many entities doing business in the US to report information about the individuals who ultimately […]
Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom artwork or sell handmade items online. Will […]
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 […]
Discounts for lack of marketability are well established when valuing minority interests in closely held businesses. But many valuation experts believe that controlling […]
As appearing at the IRS web page entitled “IRS Audits”.
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 […]
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 […]
Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth […]
You may trust your executive management team implicitly. But the research is clear: In organizations where executives turn to fraud, the results are […]
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 […]
