Taxes May 4, 2023
Absent unusual circumstances, a credit on your return is more valuable than a deduction, by far. It’s a no-brainer. Nevertheless, there are certain times when a deduction would be preferable.
Payroll May 4, 2023
The minimum wage will increase to $16 an hour in New York City and Westchester, Nassau and Suffolk counties and to $15 an hour in all other areas of the state on Jan. 1, 2024.
Taxes May 3, 2023
The list of electric vehicles that qualify for the full $7,500 incentive under the Inflation Reduction Act is down to 10.
Taxes May 2, 2023
The Summit agenda features key thought leaders discussing all aspects of advisory services including reviewing the current state of advisory services.
Accounting May 1, 2023
HubSync’s all-in-one, modern client platform which automates the tax return and other key processes and provides a single gateway to drive “Best-in-Class” collaboration between professionals and their clients.
Small Business May 1, 2023
The Minnesota Senate cast its first-ever vote to legalize recreational marijuana on Friday, pushing the proposal closer to becoming law than ever before.
Taxes April 27, 2023
The new provisions mandate five-year amortization of domestic Section 174 research and experimental (R&E) costs, and 15-year amortization of foreign R&E costs.
Taxes April 26, 2023
The total tax loss from his criminal conduct was approximately $320,000.
Taxes April 26, 2023
Since proceeds up to the policyholder's cost basis aren't taxable, the lower cost basis triggered a larger tax burden for selling policyholders.
Taxes April 26, 2023
Here are the five time-sensitive actions that a partnership or its representative should take within 30 days of receiving the notice of selection for examination.
Taxes April 24, 2023
Taxpayers who owe and missed the deadline without requesting an extension should file quickly to limit penalties and interest.
Taxes April 24, 2023
A Section 529 plan is a tax-favored way to save for a child’s college education. Contributions can grow without any current tax while distributions to pay for qualified expenses like tuition are tax-exempt.