M&A transactions: Be careful when reporting to the IRS Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to ... Read More
EIDL program retooled for still-struggling small businesses For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of c... Read More
The tax score of winning Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more t... Read More
Think like a lender before applying for a business loan Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paychec... Read More
Even nonprofits can benefit from AI technology You might think that artificial intelligence (AI) is just about using computers to perform complex tasks that otherwise would require human... Read More
Selling a home: Will you owe tax on the profit? Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the me... Read More
Tax breaks to consider during National Small Business Week The week of September 13-17 has been declared National Small Business Week by the Small Business Administration. To commemorate the week, h... Read More
Restating financial results In the first half of 2021, there was a surge in financial restatements. The reason relates to guidance issued by the Securities and Exchang... Read More
Claiming a theft loss deduction if your business is the victim of embezzlement A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases it doe... Read More
Give your staffers a break with an accountable plan Accountable plans reimburse employees for work-related expenses free of federal income and employment taxes. So reimbursement payments aren... Read More
M&A transactions: Be careful when reporting to the IRS
