Key Tax Tips for Sole Proprietor Startups
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need ...
Audits vs Fraud Detection: Bridging the Gap with Forensic Services
Victims of fraud often wonder why their auditors didn't flag the deception. "We got a clean opinion!" they might protest. "Why didn't they catch this ...
Child Tax Credit Bill Advances in House, Senate Decision Pending
The U.S. House of Representatives on January 31 passed the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) by a vote of 357 to ...
Employer Tax Deadline Reminder
With tax season rapidly approaching, the IRS reminds employers that Jan. 31 is the deadline for submitting wage statements and forms for independent ...
Don't Overlook Taxes when Contemplating a Move to Another State
When you retire, you may think about moving to another state — perhaps because the weather is more temperate or because you want to be closer to ...
Tackling Nonprofit Fraud: Awareness and Prevention
Fraud perpetrated through cyberattacks and social engineering has increased significantly over the past few years. Forensic services teams are busy ...
Preparing Your Business Books for the New Year
With the new year upon us, the time has come to close the books on 2023. For many companies, January is also the beginning of the new fiscal year, ...
Tax Credit Opportunities for Employers of Tipped Employees
If you’re an employer with a business where tipping is routine when providing food and beverages, you may qualify for a federal tax credit involving ...
Real Estate Gains: Deferring Taxes with Like-kind Exchanges
If you’re interested in selling commercial or investment real estate that has appreciated significantly, one way to defer a tax bill on the gain is ...