Keep These 3 Issues in Mind After You File Your Tax Return
You may have filed your tax return by the due date (4/15/2024), or you may have filed an extension until 10/15/2024. In either […]
Got Fraud Losses? How Experts Put a Number on Them
If your company suffers significant losses due to a fraud incident, you may decide to pursue the perpetrator in court, possibly to obtain […]
Scrupulous Records and Legitimate Business Expenses are the Key to Less Painful IRS Audits
If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully record […]
How a Business Valuation Pro Can Help Avoid M&A Pitfalls
Merger and acquisition (M&A) activity increased significantly in the fourth quarter of 2023, signaling a hot M&A market for 2024. But there are […]
What the IRS is Looking for in Corporate Jet Audits
The IRS’ recent declaration of a rigorous enforcement against the utilization of corporate jets has attracted widespread attention, as the […]
IRS Begins Audits of Corporate Jet Usage
As reported in IR-2024-46
Using Inflation Reduction Act funding and as part of ongoing efforts […]
2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list […]
Update on Retirement Account Required Minimum Distributions
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) […]
Charity Scams: A Small Business Perspective
Many businesses support their communities by donating to local charities. Although there are plenty of non-profits that deserve your support, some exist solely […]
Coordinating §179 Tax Deductions with Bonus Depreciation
Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving this goal: first-year […]
