Recent Articles
Benefits of 401(k) Plans for Small Businesses
New Tax Credits and Provisions of the Secure Act Make it Easier to Offer Retirement Benefits Small businesses across the country are starting to offer 401(k) plans to their employees, thanks to new tax credits made available by the Setting...
Fuelling Compliance: How Energy and Fuel Companies are Prioritizing Tax Compliance with Technology
Top-tier energy and fuel businesses automate compliance with a single SaaS tax management solution to gain a competitive advantage. Energy and fuel businesses face numerous challenges when it comes to managing excise tax compliance. With complex tax laws that vary...
Understanding Changes to Sec. 174 R&E Costs
What You Need to Know About the Capitalization and Amortization of R&D Costs Under the New IRS Regulations The new provisions in Section 174 of the Internal Revenue Code have led to significant changes that will affect businesses. These provisions...
Navigating IRS Audits for Partnerships under New Procedural Rules
Five Time-Sensitive Actions to Take Upon Receiving a Notice of Selection for Examination. Due to the IRS’s increased focus on enforcement, many partnerships may be subject to their first IRS audits under the new, complicated partnership audit rules. Under these...
Increasing Accountants’ Credibility with Financial Planning
Why Financial Planning is Essential for Accountants and How They Can Help Their Clients. As an accountant, your credibility is everything. Clients rely on you to manage their finances and provide sound financial advice to help them reach their goals....
A Brief Summary Of Current Tax Issues – 28th April 2023
Strategies for Supercharging, Extending, and Rollover of 529 Accounts. A section 529 plan is a tax-advantaged way to save for a child’s college education, and it is important to stay informed about current tax issues that may affect it. Contributions...