The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA). President Biden is expected to sign the bill into law shortly. The … [Read more...]
The Inflation Reduction Act includes wide-ranging tax provisions
September 6, 2022 by Thomas Stoeckman
IRS offers penalty relief for 2019, 2020 tax years
September 2, 2022 by Jeff Rislov
While the recently announced student loan debt relief has captured numerous headlines, it’s estimated that another federal relief program announced on the same … [Read more...]
CHIPS Act poised to boost U.S. businesses
August 5, 2022 by Jeff Rislov
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) was recently passed by Congress as part of the CHIPS and Science Act of … [Read more...]
You shouldn’t amend a will yourself
August 4, 2022 by Larry Stulen
Let’s assume you have a legally valid will but you’ve decided that it should be revised because of a change in your family’s circumstances. Perhaps all you want … [Read more...]
Businesses: Act now to make the most out of bonus depreciation
July 25, 2022 by Jeff Rislov
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. The amount of … [Read more...]
Deadlines
July 21, 2022 by Mitchell Erickson
Check out these deadlines. Please note that if the due date falls on a Saturday, Sunday, or legal holiday, the due date is delayed until the next business day. … [Read more...]
Estates now have an additional three years to file for a portability election
July 14, 2022 by Larry Stulen
Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his or her own transfers during … [Read more...]
The tax obligations if your business closes its doors
July 11, 2022 by Stacey Seviola
Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, including … [Read more...]
Partially empty offices can be fertile ground for theft
June 23, 2022 by Annette Benson
If most of your employees have worked from home since the start of the pandemic or are only gradually transitioning back to onsite work, your office may be … [Read more...]
Highlights from the Latest ACFE Fraud Report
June 21, 2022 by Kari Steinbeisser
Preventing, detecting, and investigating occupational fraud requires a deep understanding of the types of schemes, potential financial losses, emerging threats … [Read more...]
