Published October 10, 2023 – Certified Public Accountants, commonly referred to as CPAs, are highly trained professionals in the field of accounting and finance. They hold a significant role in ensuring the financial health and compliance of businesses, organizations, and individuals. The significance of CPAs lies in their expertise in financial reporting, auditing, taxation, and […]
Published October 9, 2023 – The Internal Revenue Service hereby issues a formal reminder pertaining to the imminent tax filing extension deadline. It is imperative that individuals who have obtained an extension for their 2022 tax return diligently file their Form 1040 on or before the prescribed date of October 16 to obviate any prospective […]
Published October 9, 2023 – As a business owner, it is crucial to have a solid understanding of tax laws that pertain to your company. The complexities of tax regulations can be daunting, but failure to comply can result in severe consequences. This article aims to shed light on the top five tax laws that […]
October 6, 2023 – The Internal Revenue Service (IRS) has today released proposed regulations, Revenue Procedure 2023-33PDF, and a set of frequently asked questions that address the transfer of clean vehicle credits, whether they are newly acquired or previously owned, to eligible entities for vehicles placed in service after December 31, 2023. Taxpayers can receive […]
Published October 7, 2023 – Owning a restaurant involves more than just serving food. Keeping track of the money is a crucial aspect of running any business[1]. Restaurants included. Most owners are not accountants. They often must learn the administrative parts of the restaurant business as they go along. They need all the help they […]
Published October 7, 2023 – Navigating the financial terrain of running a business can be as challenging as it is rewarding. As a business owner, one key aspect you’ll want to master is understanding the expenses that can be used for deductions. Deductible expenses are a lifeline for your business’s financial health, as they can […]