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Providing actionable insights and valuable information to help you navigate the complexity of tax law for your business.

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What Do Stimulus Packages Look Like Around The World?

2019 was an exceptionally strong year for the U.S. economy — the Dow Jones consistently hit record highs and unemployment rates dropped to a record low of just 2.1%. However, even a record-breaking year like that one could not prepare the…
Going over plans

3 Reporting Issues To Watch Out For During COVID-19

It is nearly impossible to see a future without the residual effect of the COVID-19 outbreak, as the economy continues to respond to rapid changes in consumer behavior and supply chain operations. Travel bans have been imposed on millions…
Time For Your Year End Review

More Time Granted to Reinvest and Receive a Tax-break

  Investors Receive an Extension and a Tax Break Due to COVID-19 The IRS has recently announced its plan to give investors more time and a tax break due to the effects of Coronavirus. The original deadline to reinvest into a qualified…
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Unemployment Rates Fall as Economy Pushes to Reopen

Economy is Headed in the Right Direction After the May job reports were released, the numbers showed the Coronavirus pandemic certainly hurt the economy, but not as heavily as predictions forecasted. Though unemployment has risen significantly…
New York City and Cash

What You Need to Know About Stimulus Check Scams

Before you get too excited about another wave of stimulus checks Billions of dollars in payments have been sent out in the form of stimulus checks. Over the last few weeks, there has been speculation that there may be another wave of stimulus…
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Small Changes to You Tax Procedures Can Make a Big Difference for Your Bottom Line

Every leader of any organization understands the importance of hiring the right people, but the employees who manage your organization’s compliance management and technological resources are among the most important in today’s economy.  The…
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How to Measure Value for Long-Term Growth

In order to put an organization in the best possible situation, leaders should anchor their approach to long-term value.  Changing market conditions caused by shifting consumer demands and developing regulations have had an impact on nearly…
SBA PPP Audit Criteria
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SBA PPP Loan Audit Criteria

What criteria will the SBA use to flag loan recipients for audit?  Now that business owners have received their funding from the SBA Payroll Protection Program (PPP), the government is beginning the process of vetting the hundreds of thousands…
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COVID-19 Is Opening up New Opportunities for Accountants

Due to the ongoing economic damage caused by the COVID-19 and subsequent shutdown, many governments around the world are taking measures to actively protect their countries from going through something similar — or worse — in the future.…
SBA PPP Red flags
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Business Owners: Red Flags to Beware of with the SBA PPP

If you are gearing up to apply for forgiveness for your SBA PPP Loan with form 3245-0407 here are some things to consider: Business owners who received the SBA Payroll Protection Program Loan are gearing up to ask for its forgiveness.  The…
Cash Floating

The Next Wave of Stimulus Checks

Before you get too excited about another wave of stimulus checks... The great stimulus payment debate continues after billions of dollars in payments have already been sent out. Here's why the IRS is urging you to pay attention to details…
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Plr and Other Requests for IRS Guidance Can Now Be Sent Electronically

In these unprecedented times, no organization will go on without making some changes to the way they do business, including IRS — a government entity that was once relied upon as being one of the most consistent parts of our adult lives.  In…