New guidelines from the Financial Accounting Standards Board (FASB) govern how gifts in kind must be reported and valued by
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July 19, 2022
Are you Prepared for the New Gifts-In-Kind Reporting Rules?
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July 12, 2022
Does Your Business Qualify for the Dividends-Received Deduction?
The “dividends-received deduction” is meant to reduce or get rid of an extra tax that a corporation has to pay when it gets dividends.
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July 5, 2022
How do Taxes Play a Role in M&A Transactions?
If you are considering buying or selling a business, it’s important to understand the tax implications.
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June 28, 2022
Standard Mileage Rate Increases for Remainder of 2022
Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The
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June 21, 2022
ESG for Small Businesses
Environmental, social, and governance (ESG) criteria are becoming some of the more popular metrics for investors to predict the future
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June 14, 2022
How to Calculate Estimated Tax Payments
The next quarterly estimated tax payment deadline is June 15 for individuals and businesses, so it’s a good time to
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June 7, 2022
Rules for Deducting a Spouse’s Travel Expenses on a Business Trip
If you own a business and travel for work, you may be wondering if your spouse’s travel expenses on trips
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May 31, 2022
1099-K Filing Threshold Drastically Reduced
Businesses should be aware that they may be liable for sending additional information reporting forms because more employees may fall
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May 18, 2022
How the Russian Invasion of Ukraine is Affecting Accounting
The Russian invasion of Ukraine places a direct emphasis on those geographic locations, but the impacts of this military activity
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May 13, 2022
What to do with an IRS Notice CP2100 About Mis-Matched Records
The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that