Should You Transfer Your Home to Your Adult Child?
Buying a house in today's overheated real estate market can be challenging — especially as mortgage rates are on the rise. But financially secure parents who are considering downsizing or relocating to greener pastures may Read More
Jul 07, 2022
Oops … Do You Need to Amend Your Tax Return?
The COVID pandemic prompted numerous temporary changes to the tax laws for 2020 and 2021. From Economic Impact Payments, penalty-free IRA distributions and the expanded child tax credit to Employee Retention Credits and credits for Read More
Jul 07, 2022
Is Cryptocurrency Right for Your Business?
Are any of your employees clamoring to receive compensation — either immediate or deferred — in Bitcoin or another type cryptocurrency? What about customers that want to pay with crypto? The bandwagon, if there is Read More
Jul 07, 2022
Spotlight on a Critical Antifraud Tool: Risk Assessments
Fraud risk assessments have been shown to prevent occupational fraud and limit losses for victimized organizations. These tools have become more prevalent in recent years, according to "Occupational Fraud 2022: A Report to the Nations" Read More
Jul 07, 2022
Could the Work Opportunity Tax Credit Help Your Construction Company?
The construction industry has been facing a labor shortage for years. Although there are various ways to tackle the challenge, one approach to keep in mind is expanding your hiring pool to, in part, avail Read More
Jun 23, 2022
6 Tips for Foiling Fake Suppliers in Online Marketplaces
Supply chain issues continue to hurt many U.S. businesses — possibly in more ways than you think. Not only do supply shortages and delays make it difficult for companies to ramp up business and recover Read More
Jun 23, 2022
Good News: IRS Boosts Standard Mileage Rates for Second Half of 2022
The IRS recently announced it will be increasing the standard mileage rate for qualified business drivers for the second half of 2022. The adjustment reflects rising costs at the gas pumps this year. It's accompanied Read More
Jun 23, 2022
On the Menu: Perks That Will Entice Employees
The labor market is tighter today than it has been in decades, and many employers are going above and beyond the ordinary to attract and retain top talent. One idea for your organization is to Read More
Jun 10, 2022
6 Common Tax Deductions for Nonprofits
Revenue generated by 501(c)(3) organizations is generally exempt from federal income tax. But in some cases, your not-for-profit may incur unrelated business income tax (UBIT) on revenue. The good news is your annual tax return Read More
Jun 08, 2022
Opening the Door to Home Office Deductions
Are you a business owner working from home as a sole proprietor or an entrepreneur with a home-based side gig? As long as you meet certain requirements, you may qualify for sizeable home office deductions, Read More
Jun 08, 2022