What to Expect from Potential Tax Changes Under President Trump’s New Term — and How to Prepare
As tax professionals, we know that changes in leadership often bring shifts in tax policy, affecting everything from deductions and exemptions to estate taxes and
Essential Year End Tax Moves You Can’t Afford to Miss
As the year draws to a close, it's crucial to take stock of your financial situation and make strategic moves to minimize your tax liability.
Managing Contractor Payments and 1099s the Easy Way with QuickBooks Online
The surge in self-employment and small businesses during the COVID-19 pandemic led to millions of new entrepreneurs, many of whom had to quickly learn how
How Qualified Small Business Stock Can Maximize Your Investment Returns
The Internal Revenue Code (IRC) Section 1202, often referred to as the Qualified Small Business Stock (QSBS) provision, offers a significant tax incentive for investors
Don’t Leave Money on the Table: Essential Tax Credits You Might Be Missing
Tax preparers often encounter clients who are confused about the various tax credits available to them. Understanding these credits can significantly impact your tax liability
Sansiveri Expands Presence with Acquisition of Nelson & Co., CPA, LTD in New Bedford, MA
NEW BEDFORD, MA — November 1, 2024 — Sansiveri, Kimball & Co., LLP (Sansiveri), a leading accounting and advisory firm headquartered in Providence, RI, is
Succession Planning for Baby Boomer Business Owners: Ensuring a Smooth Transition
As Baby Boomer business owners approach retirement, planning for the future of their businesses becomes crucial. Succession planning is not just about finding a successor;
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 finances. Recently, Intuit
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 the IRS intensifies
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 milestone, aimed at
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 customers to pay
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 abroad to exclude
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