Insights & Resources

Important Update: Navigating Your TaxCaddy Software and Document Submission Process
3/25/24 1:26 PM

Navigating Your TaxCaddy Software and Document Submission Process

As we navigate another tax season together, we want to ensure your experience with TaxCaddy and our workflow is as smooth and efficient as possible. ...

Tax Planning
Independent Contractor vs. Employee Status: The DOL Issues New Final Rule
2/28/24 9:02 AM

Independent Contractor vs Employee Status: DOL Issues New Final Rule

The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for ...

Real Estate and Construction Tax Compliance Audit and Assurance
Optimizing Tax Strategies Amid Business Losses
2/22/24 10:41 AM

Optimizing Tax Strategies Amid Business Losses

Business losses can sting, particularly when they are large and unexpected. However, there are numerous ways the tax code can help mitigate the ...

Tax Planning Real Estate and Construction Business Advisory Tax Compliance Guide
Financial Insights & Tax Impacts of Short vs. Long-Term Rentals
2/22/24 10:41 AM

Financial Insights & Tax Impacts of Short vs. Long-Term Rentals

In the ever-evolving realm of real estate, opting for either short-term or long-term rentals transcends mere convenience; it represents a choice with ...

Real Estate and Construction Tax Compliance
Tax Implications for Social Security Benefits: What You Need to Know
2/22/24 10:39 AM

Tax Implications for Social Security Benefits: What You Need to Know

Understanding the nuances of tax laws, especially those pertaining to Social Security benefits taxation, is necessary for accurate tax preparation ...

Tax Planning Nonprofit Tax Compliance Guide
Key Tax Tips for Sole Proprietor Startups
2/22/24 10:38 AM

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 ...

Tax Planning Business Advisory Tax Compliance Guide
Annual Audits vs. Fraud Detection: Bridging the Gap with Forensic Services
2/22/24 10:38 AM

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 ...

Fraud and Forensic Audit and Assurance
Child Tax Credit Expansion Bill Advances in House, Senate Decision Pending
2/22/24 10:38 AM

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 ...

Tax Planning
Employer Tax Deadline Reminder
1/24/24 7:20 PM

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 ...

Real Estate and Construction Tax Compliance