Accounting Resources

“IRS cracks down on aggressive ERC marketing promoters and employers filing dubious claims” On July 26, 2023, the IRS Commissioner, Danny Werfel, announced ...

External market conditions may affect the amounts reported for certain items on the financial statements, including profits, loans, leases, investments and inta...

It’s easy to get sidetracked in the day-to-day demands of running a business and let your financial reporting processes take a back seat. When used to its ful...

You may not think of your small business’s payroll function as risky. But if you don’t properly handle certain payroll challenges, you may risk IRS ...

Ohio’s unique local taxation laws can make running payroll across state lines complicated. An ounce of preparation can save thousands in tax liabilities, so h...

Financial statements are central to understanding any business. A public company’s balance sheet, income statement and cash flow statement enable investor...

If you rent out a second home — or part of your main residence — you may be unclear about whether you need to pay self-employment (SE) tax on your net renta...

The accounting method you currently use for your small business may no longer be appropriate due to changes in market conditions or within your company. The IRS...

The IRS has historically considered construction a high-risk compliance industry because of its potential for cash transactions, underreported income and worker...