If you’ve been losing sleep over the possibility of a tax audit, put your mind at ease. Here are five reasons why you might want to stop worrying about it. A Tax Audit is Not Always Trouble An audit doesn’t automatically mean you’re in trouble. Sometimes, it’s just a...
Now is the time to perform a mid-year review of your business activities. Staying on top of these five steps will benefit you throughout the year while saving time, money, and making tax time a breeze. * Lower taxable income with these deductions After...
The Internal Revenue Service (IRS) has announced the agenda for the 2024 Nationwide Tax Forum, which will feature 45 seminars aimed at enhancing the skills of tax professionals. This year’s forum, which includes contributions from the IRS and leading tax...
Consistency and reliability are paramount in the world of tax and accounting software—and with the publication of the 2024 CPA Practice Advisor Readers’ Choice Awards results, Drake Software has good reason to celebrate. According to the CPA Practice Advisor, “In...
Many businesses, enticed by misleading information, have found themselves unwittingly in non-compliance with ERC regulations. The IRS has urged tax preparers to act soon to verify their compliance, emphasizing the need for proactive review and correction. To help tax...
