If you’ve inherited an IRA, you need to know about the latest IRS guidance.
IRS issues guidance on tax treatment of energy efficiency rebates
The IRS has offered guidance regarding the tax treatment of energy efficiency rebates introduced by the Inflation Reduction Act.
How construction businesses can better manage their money
Construction businesses face a number of distinctive challenges when it comes to financial management. Fortunately, there are also plenty of solutions to be found.
2024 Q2 tax calendar: Key deadlines for businesses and employers
Spring is here, along with a bunch of tax-related deadlines. Here are some upcoming dates for the second quarter of 2024 that businesses and employers should keep in mind.
President Biden’s proposed budget highlights his tax agenda
President Biden has laid out his proposals for tax law changes in the fiscal year 2025 budget.
Independent contractor vs. employee status: The DOL issues new final rule
The deadline to comply with a new U.S. Dept. of Labor rule regarding worker classification is fast approaching. Is your company ready?
What’s the best accounting method route for business tax purposes?
Many businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, which route should you take? Here are the rules.
An overview of the percentage of completion accounting method for construction businesses
One of the many challenges of running a construction business is properly accounting for long-term projects. Here’s a look at one popular option: the percentage of completion method.
Update on IRS efforts to combat questionable Employee Retention Tax Credit claims
Aggressive marketing encouraging businesses to claim the pandemic-related Employee Retention Tax Credit led to many taxpayers erroneously receiving refunds. The IRS has a program that allows them to come forward and repay part of the money before collection efforts begin.