The pandemic isn’t in the rearview mirror yet, but it’s already clear that the U.S. business landscape has changed. Many employers, for example, are...
Advanced Child Tax Credit Payments – You may want to Opt Out
Jun 30, 2021In June, the IRS sent letters regarding advance payments of the Child Tax Credit (CTC) to potentially eligible taxpayers. For 2021 only, the CTC increases to $3...
Danger! How Nonprofits Often Lose Their Tax-Exempt Status
Jun 24, 2021With all the legal hoops involved, it can be difficult for a not-for-profit to secure its tax-exempt status. The last thing you want after gaining this critical...
4 Pillars of Mid-Year Business Planning
Jun 24, 2021Manufacturing firms normally create a business plan at year end that focuses on the upcoming year. However, today’s market conditions are anything but ...
Preventing Theft of Your Business’s Trade Secrets
Jun 24, 2021With millions of U.S. employees still working from home, companies’ intellectual property (IP) is at greater-than-usual risk of theft, loss or compromise....
Supreme Court Finds No Standing to Challenge a Provision of the ACA
Jun 24, 2021A number of states and individual taxpayers sought to challenge the constitutionality of a provision in the Affordable Care Act (ACA). In a 7-2 decision, the U....
Where Is My 2020 Tax Refund?
Jun 19, 2021Where’s my 2020 tax refund? If you are asking this question you are not alone. In May 2021, the Tax Advocate Service provided an update stating the IRS ha...
What to Do When Your Bank Wants Financial Statements
Jun 11, 2021If a bank, investor, buyer, bond agency, or other third-party asks for or demands your financials—and your CPA firm cannot provide them in a timely manner—y...
What Your Numbers Are Saying: Are You Listening?
Part 1: Do You Know Your Profitability?
Jun 09, 2021
When evaluating the financial health of your business, it’s important to look at a variety of indicators – but how can you be sure you have the right number...
Labor Shortage: Unlock Solutions by Evaluating Your Employment Value Proposition
Jun 09, 2021In normal market conditions, people who’ve been unemployed due to an economic slump are generally eager to take a job when the economy perks up. But times...