IRS LB&I Division Announces Additional Compliance Campaigns: Earlier this year, the IRS's Large Business and International (LB&I) division adopted a [...]
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From a business perspective, there’s practically nothing worse than providing goods or services to a customer or client and not getting paid. Or maybe [...]
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Busy season has arrived and with it comes longer days and increased workloads. As you help your clients prepare for tax season, it’s imperative that you [...]
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Parents and grandparents often lend money to their children or grandchildren to help with major expenditures like education, a wedding or the purchase of a [...]
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Neither a lender nor a borrower be, said Shakespeare―but for many of us, that’s just not practical advice.
Jack’s son, Liam, is buying a vacation [...]
Observing finance and accounting professionals – or the way academics at most business schools train them – might lead you to believe that finance and [...]
The set of tax and regulatory implications for properties received by NRIs as gift are vastly different from those received as inheritances. In this article, [...]
Did you know that an astonishing 52 percent of small businesses are home-based? That’s according to the SBA’s Office of Advocacy.
Running a home-based [...]
With the passing of the Bush-era tax cuts and small business jobs act tax provisions, a number of tax laws will come into effect this year. Here is a summary [...]
The IRS announced today that the start date of business return e-file – 1120, 1120S, 1065 and 990 returns – has been delayed to January 12, 2011 (formerly [...]