3 Ideas That May Help Cut Your Year-End Tax Bill
If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here […]
Differences in Valuing S Corporations vs C Corporations
Most U.S. businesses operate as so-called “pass-through” entities, including partnerships, limited liability companies (LLCs) and S corporations. For decades, the IRS and valuation professionals have been at […]
There May Still Be Time to Cut Your Small Business 2021 Taxes
Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to execute […]
New Digital Asset Reporting Requirements are Coming
The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting requirements that will generally […]
Infrastructure Law Sunsets Employee Retention Tax Credit Early
The Employee Retention Tax Credit (ERTC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has retroactively terminated it before it […]
KYC Rules Help Prevent Fraud and Offer Other Advantages
For years, banks, financial service and investment companies, and exporters have been required to follow know-your-customer (KYC) processes to thwart criminal activity. Developed to […]
What’s Your Education ROI?
(This is Blog Post #1132)
Remember to Use Up Your Flexible Spending Account Money
Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses? As the end […]
Chinese Vehicles are Coming – Observations from an Expert
As posted to the Now You Know YouTube Channel on 11/5/2021
(Run Time 29 min, 54 sec, when starting […]
Recent FTB Clarifications on Pass-Through Entity Tax (AB-150)
Recent pass-through entity (PTE) tax (AB-150) clarifications from the Franchise Tax Board (FTB) underscore that detailed planning is critical when considering this credit.
For an overview […]
