The Inflation Reduction Act: What Does It Contain?
On August 12, Congress passed the Inflation Reduction Act, over 700 pages of economic changes. What does the act do? And just as important, what does it not do? To start with …
Outsourced Accounting and Due Diligence
Due diligence is an investigation, an audit, or a review performed to confirm facts or details of financial records. The objective is to confirm the accuracy and appraise the value. …
Home Office Deductions: More Complex Than They Seem
It’s not always easy to figure out which home office write-offs are acceptable and which are not approved by the IRS. Below is a summary of the key provisions to …
Make Sure You Follow Crowdfunding IRS Rules
Crowdfunding is a method of raising money through websites by soliciting contributions from a large number of people, according to an IRS definition. One source notes that crowdfunding projects generate $17.2 …
Contemplating a Merger or Acquisition?
If you are the owner of a small or midsize business who is looking toward retirement, this could be the time to start thinking about selling your company. Or maybe …
Cutting Costs During Inflationary Times
The inflationary cycle we are now in is causing anxiety for many consumers. Then, there is the prospect of a future recession. It is enough to make one’s head spin. …