Benefits
A Refresher on the Types of Small Business Legal Structures, and Their Benefits
Now is an excellent time to review how your clients’ legal structure affects their business and personal taxes. Let’s look at the types of entities, how taxes are filed, and when clients should consider changing their entities.
Supreme Court to Decide if IRS Can Secretly Obtain Bank Records
The answer to that question likely won’t come until early this summer when the Supreme Court is expected to issue its ruling in Polselli v. IRS.
Webinar: Invoice Automation to Accelerate Digital Transformation
Experts from SAP Concur will discuss some of the biggest hurdles AP leaders are facing today, and how automation helps them persevere.
The Tax Blotter – April 2023 – Sec. 529 Plans Get Updates
A Section 529 plan is a tax-favored way to save for a child’s college education. Contributions can grow without any current tax while distributions to pay for qualified expenses like tuition are tax-exempt.
Auditors’ Tricks Can Help Find Academic Fraud, New Study Says
Effective statistical tools can be used by those who review scientific studies to help detect and investigate suspect data.
Your Firm and Your AI (Artificial Intelligence)
Several AI trends can significantly impact a practice and tech stack, which we have discussed in previous columns.
How Should a Small Business Owner Plan for Rising Taxes?
It is hard to overestimate the pending tax burdens facing small business owners. So, what should they do?
FASB Issues New Accounting Rules for Investments in Tax Credit Structures
Reporting entities can now elect to account for qualifying tax equity investments using the proportional amortization method.