Mergers and acquisitions (M&A) provide growth opportunities. But these transactions also introduce accounting complexities. Here’s a closer look at the r...
When a loved one passes away, settling his or her financial affairs can be an emotional and complex task. One legal process that often comes into play is p...
Hiring seasonal employees can help businesses meet peak demand, but it also comes with important tax responsibilities. Employers must verify work eligibili...
If you rent out your primary or secondary residence for no more than 14 days this year, you may be eligible for a tax break known as the “Augusta rule....
The IRS has turned to the American Institute of CPAs (AICPA) for help identifying taxpayers who may have received IRS Notice CP53E in error. CP53E asks tax...
Summer often brings yard sales, storage cleanouts and online sales of unwanted items. If you receive payments through third-party payment apps or online ma...
Pets can provide business tax advantages. It’s true! Your business may be able to deduct the cost of “employing” cats and dogs, so long as the animal...
Contributions to Section 530A accounts (also known as Trump Accounts) are now eligible for the gift tax annual exclusion. If, for example, you contribute c...
Are you a business owner or self-employed and planning a business trip this summer? As long as the primary purpose of the trip is business, you may be able...