Should You Hire an Outsourced CFO?
When the financials of your company start expanding beyond basic accounting, you may find yourself in need of assistance when it comes to planning or analyzing your finances. If that’s …
What To Know About the Alternative Minimum Tax
The alternative minimum tax was created to ensure that all taxpayers pay their fair share of taxes, even when claiming any and all relevant credits and deductions. The AMT increases …
What To Know About the Electric Vehicle Credit
In August, the IRS posted new guidance for current and future owners of electric vehicles, outlining the tax benefits available. If you are interested in claiming the tax credit available under section …
What Types of Accounting Services Can You Outsource?
Maintain accurate records; keep track of your company’s finances, bookkeeping, payroll, management accounting, taxes, accounts receivable, accounts payable, and financial reporting; and follow up on debts and compliance. Phew! What …
New $7,500 Electric Vehicle Tax Credit Available
Those looking to purchase an electric vehicle could be eligible for a $7,500 tax credit from the federal government, but because of language in the recently signed Inflation Reduction Act, …
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 …