All your 1099 forms have been filed with IRS and the vendor copies have been mailed – what a relief! While 1099 reporting is commonplace for business owners, did you know…
Recent Insights
Enhance Your Business Sale Prospects with Sell-Side Quality of Earnings
Here’s the bad news: Some deals fall apart despite the best intentions of buyer and seller. The good news? There are several practical steps business owners can take to increase…
New Reporting Instructions for Excessive Compensation Excise Tax: What Nonprofits Need to Know
Editor’s note: On January 12, 2021, the IRS released final regulations for Internal Revenue Code Sec. 4960, which provided certain nonprofit organizations with more clarity around the 21 percent excise…
Discover How Rental Real Estate Enterprises May Qualify for New 199A Pass-Through Deduction
Will rental real estate entities qualify for the 20 percent Section 199A pass-through deduction? This question has been on the mind of business owners and tax professionals since tax reform…
Earn Tax Benefits for Community Investments under New Federal Opportunity Zone Program
Tucked inside the Tax Cuts and Jobs Act is a new economic development initiative that offers preferential tax treatment for investments in distressed communities. Investors can support the revitalization of…