Summertime Activities That Can Yield Tax Savings
As summer, a season often associated with relaxation and fun comes to a close, it's important to remember that it's not too late to capitalize on ...
Section 174 Update: Immediate Research Expensing Is Back
For three years, businesses that invest in research and development had to capitalize those costs and deduct them slowly over five years. That ...
Benefits and Tax Implications of Athlete Employment
Institutions are grappling with significant changes around athlete employment status in the rapidly evolving landscape of collegiate athletics. The ...
Boost Your Bottom Line by Understanding Your Internal Audit
For many, the word "audit" conjures up images of tax auditors camping out in dark offices or reading intimidating letters from the IRS. However, an ...
End Purchase Order Chaos with a Structured Approval Process
Many businesses struggle with procurement, whether hiring contractors, buying equipment, or paying vendors. Here are some tips for streamlining your ...
The Possible Tax Landscape for Businesses in The Future
Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States. The ...
Best Practices for Expense Reporting
Effective expense reporting is essential to maintaining rigorous financial controls critical to any business's profitability. Monitoring employee ...
IRS Ramps Up Compliance Enforcement Against Certain Businesses
The Inflation Reduction Act provided the IRS with billions of dollars of additional funding to reduce the so-called “tax gap” between what taxpayers ...
Understanding Fraud, Waste and Abuse for Not-for-Profits
Fraud, waste, and abuse can severely impact not-for-profit organizations' financial health and reputation. Understanding and mitigating these risks ...