The Internal Revenue Service is continuing to expand the features within Business Tax Account (BTA), an online self-service tool for...

If you’re running a subscription-based business, you’re in the game of recurring revenue—a model full of potential for steady income but...

For many small businesses, the busy season means bringing in extra hands to keep operations running smoothly. Whether you run a retail...

As we have previously shared , the deadline for compliance with the Corporate Transparency Act (CTA) is quickly approaching, and small...

Tax season can be stressful, especially if you're worried about penalties. Whether you're an individual or a small business owner, IRS...

The Internal Revenue Service has announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including...

In the labyrinth of tax regulations, the self-employed health insurance deduction stands out as a beacon of relief for self-employed...

During his State of the Union Address before Congress on March 7, 2024, President Biden presented an overview of his tax agenda proposed...

One fundamental financial practice that often gets overlooked, yet holds immense importance, is the separation of personal and business...

As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2024 optional standard mileage rates used...

This article shares very important information about new government reporting requirements effective January 2024 for all small...

It is not uncommon for employers to misclassify employees as independent contractors, either to intentionally avoid their withholding and...

The Inflation Reduction Act that President Biden signed into law in August of 2022, has a provision that could benefit many small...

A recent Stanford study reviewed the aftermath of the Enron collapse and the repercussions to Enron's accounting firm's former clients....

When you decided to start your own company, you likely focused on the products or services you were selling, along with your amazing...

With the holiday season upon us, the 2021 tax preparation season will soon follow. With the end of the tax year just around the corner,...

If you have purchased, owned, sold, gifted, made purchases with, or used cryptocurrency in business transactions, there are certain tax...

If you had to make a list of some of the most critical elements of running a business that most new entrepreneurs don't think enough...

At its core, a family business is exactly what it sounds like: a company or other enterprise owned, operated, and actively managed by at...

Though it’s natural for management to focus on its profit-making areas, the importance of a sound accounting foundation to support the...