Office Supply Fraud is Sneaky, But Preventable
Office supply scams are a tricky type of vendor fraud that generally use behavioral psychology and often depend on poor intraoffice communications for their “success.” Although they […]
Understanding Taxes on Real Estate Gains
Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps […]
IRS Shares Additional Warning Signs of Incorrect Claims for ERTC
As appearing in IR-2024-198
Businesses urged to proactively resolve erroneous claims to avoid penalties, interest, audits
As the […]
IRS Resumes Processing of ERTC Claims
As appearing in IR-2024-203
Agency accelerates work on complex credit as more payments move into processing. Vigilance, monitoring continues on potentially improper claims
Do You Owe Estimated Taxes? If So, When is the Next One Due?
Federal estimated tax payments are designed to ensure that certain individuals pay their fair share of taxes throughout the year. If you don’t have enough federal tax […]
A Business Valuator is a Must-Have When Filing a Business Interruption Claim
Meteorologists warn that the 2024 hurricane season could break records, possibly surpassing 2020, the worst hurricane season on record. Even if hurricanes aren’t a threat where your […]
The Possible Tax Landscape for Businesses in the Future
Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States. The reason has to do with a […]
The Tax Implications of Disability Income Benefits
Many Americans receive disability income. Are you one of them, or will you soon be? If so, you may ask: Is the income […]
Business Website Expenses: How They’re Handled for Tax Purposes
Most businesses have websites today. Despite their widespread use, the IRS hasn’t issued formal guidance on when website costs can be deducted.
But there […]
Assemble a Comprehensive Cybersecurity Plan
Regardless of their size, businesses rely heavily on technology. Although your network and computer-related tools are essential to function, they’re also a potential […]
