An “Innocent Spouse” May Be Able to Escape Tax Liability
When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the […]
Using Adverse Media to Head Off Fraud
Many financial companies search for negative news, also known as “adverse media,” as part of their due diligence process for potential customers. But this type of screening […]
Why an LLC Might be the Best Choice of Entity for Your Business
The business entity you choose can affect your taxes, your personal liability and other issues. A limited liability company (LLC) is somewhat of a […]
Q4 2022 Business Tax Deadlines
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind that this list isn’t all-inclusive, […]
Estimated Tax Payments: Who Owed Them and When is the Next One Due?
If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is the case if […]
How a Valuation Pro Can Help with Business Interruption Claims
Summer can bring extreme weather, including floods, droughts, wildfires, tornadoes and hurricanes. These natural disasters and other crises can interrupt normal business operations, causing significant financial losses.
Inflation Reduction Act Provisions of Interest to Individuals
You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether it will reduce inflation in […]
Inflation Reduction Act Provisions of Interest to Small Businesses
The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and taxes. There […]
Is Your Business Required to Report Employee Health Coverage?
As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business have to comply, and if so, what must […]
Is Your Income Tax Withholding Adequate?
When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so that this […]
