Tax Blog

United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (HR 4004) – This bipartisan bill was introduced on June...

The IRS recently issued an important ruling on the taxability of cryptocurrency staking rewards, determining that staking rewards are essentially...

Marketing efforts today depend on collecting, analyzing, and leveraging data to make informed decisions. Therefore, business owners need to understand...

A widow or widower is eligible for a survivor's benefit from Social Security even if they never worked – as...

Looking at expenses for one's business is essential to reduce cash flow issues. For example, it would show if there's...

You wake up in the middle of the night. Heart racing, drenched in sweat, and breathing heavily. Thankfully, it was...

Even though numbers are probably the biggest thing in an accountant’s wheelhouse, getting people in the door with the right...

CADETS Act (S 467) – This bipartisan bill was introduced on Feb. 16 by Sen. Gary Peters (D-MI). The purpose...

One of the most devious and often underestimated dangers in cybersecurity comes from within an organization. These dangers originate from...

When a company decides to conduct a reverse stock split, also referred to as a stock consolidation, the number of...

According to the Internal Revenue Service (IRS) and the National Federation of Independent Businesses (NFIB), almost one-third of companies see...

Now that we are heading into the backend of summer, it’s time for many states to host their annual sales...

In light of our current economy, making sure your money works hard for you is one of the best things...

Fiscal Responsibility Act of 2023 (HR 3746) – This Act represents a compromise reached by House Republicans and President Biden....

Over the years, millions of individuals have been affected by data breaches, where their sensitive data is accessed by unauthorized...

The Continuing Appropriations Act, enacted at the end of 2022, included several provisions that impact retirement plans going forward. Specifically,...

Managerial accounting is a form of internal reporting that helps business owners and others involved in the organization’s decision-making. It...

Private companies, both large and small, are feeling the tax pinch due to changes in the law. With rampant inflation,...

The thrill of summer travel is always invigorating, but the prices to get there can be a real bummer. But...

Limit, Save, Grow Act of 2023 (HR 2811) – This bill was introduced in the House by Rep. Jodey Arrington...