The QuickBooks Desktop Phase Out: How QuickBooks Online Will Future-Proof Your Business
As business owners barrel toward the quarter-century mark of the 21st century, so, too, do the tools we use to manage our […]
IRS Highlights New Warning Signs for Businesses Regarding the Employee Retention Credit
In the wake of the COVID-19 pandemic, the Employee Retention Credit (ERC) emerged as a vital financial lifeline for businesses. However, as […]
Navigating the Corporate Transparency Act: Essential Insights and Compliance Reminder for SMBs
As the deadline for compliance with the Corporate Transparency Act (CTA) approaches, small and medium-sized businesses (SMBs) must remain vigilant. This legislative […]
Stop Chasing Payments: QuickBooks’ Reminders Can Help You Get Paid Faster
In 2021, QuickBooks introduced a set of reminder options designed to tackle one of the most pressing challenges for many businesses: getting […]
Cash In on Global Wealth: How Working Abroad Can Slash Your Tax Bill and Expand Your Horizons
The Foreign Earned Income Exclusion (FEIE) under Section 911 of the U.S. Internal Revenue Code allows U.S. citizens and resident aliens living […]
IRS Offers Second Chance to Resolve Employee Retention Credit Claims with New Voluntary Disclosure Program
The Internal Revenue Service (IRS) has introduced a second Employee Retention Credit (ERC) Voluntary Disclosure Program as outlined in Announcement 2024-30. This […]
January 2024 Business Due Dates
January 1 – Beneficial Ownership Reporting Starts The new Beneficial Ownership Information Reporting Rule requires certain entities (most corporations, limited liability companies, […]