Every year, the IRS announces annual inflation adjustments related to tax rate schedules, deductions, cost-of-living adjustments, etc. What many taxpayers...
Read More
Wage Garnishment Considerations for Business Owners
According to the United States Department of Labor's Consumer Credit Protection Act (CCPA), wage garnishments are a complex legal process...
Read More
How the 2022 Consolidated Appropriations Act Impacted Accounting in 2023
According to the Centers for Medicare & Medicaid Services’ report “Advancing Rural Health Equity,” the 2022 Consolidated Appropriations Act (CAA)...
Read More
The 2023 Tax Planning Guide
It's that time of year again: time for year-end tax planning. With the end of 2023 coming fast, the time...
Read More
Banning Weapons Training in Public Schools, Funding Assistance for Ukraine, and Various Appropriations Bills for Fiscal Year 2024
Protecting Hunting Heritage and Education Act (HR 5110) – This bill was introduced in the House on Aug. 1 by...
Read More
Super Apps and Their Impact on Traditional Business Models
As technology advances, users crave convenient and feature-rich solutions. In mobile app development, the concept of super apps is taking...
Read More
2024 Cost of Living Adjustments
In one year’s time, the U.S. inflation rate dropped by more than half, from 8.2 percent in September 2022 to...
Read More
7 Smart Saving Strategies for Retirement
Next year, something called Peak 65 is happening. This moniker refers to the fact that more Americans will reach the...
Read More
Two Ways to Measure Revenue Per User
When it comes to measuring revenue, it’s essential that businesses analyze it from a variety of perspectives. While there's revenue...
Read More
Understanding Operating and Capital Leases
The first thing to define is what a lease itself is. It's an agreement or contract where one party, the...
Read More
New Business Travel Per Diem Rates Announced for 2023-2024
New per diem rates were recently announced by the IRS and are effective for per diem allowances on or after...
Read More
Sanctioning Terrorist Activities by Iran, Accelerating Disaster Assistance and Expanding Healthcare Opportunities for Native Americans
MAHSA Act (HR 589) – The Mahsa Amini Human Rights and Security Accountability (MAHSA) Act is a bipartisan bill that...
Read More
Securing Your Identity: The Role of Decentralized Identity Systems in Data Breach Prevention
Data breaches have been on the rise as cybercriminals keep coming up with new ways to steal user-sensitive information. Just...
Read More
Work and Social Security Benefits
You can work and still receive Social Security benefits, but how much you receive depends on a number of factors.First,...
Read More
How to Organize Your Tax Documents
Since tax time isn’t until next April, organizing your documents right about now might not be top of mind or...
Read More
Common Financial Reporting Mistakes and How to Correct Them
With accounting fraud and financial reporting mistakes creating a lack of confidence, understanding how financial reporting mistakes occur and are...
Read More
Understanding Mark-to-Market
The term mark-to-market is an important phrase in corporate finance that has many nuances and industry-specific uses. Mark-to-market is a...
Read More
IRS Plans to Use AI and Ramp Up Enforcement on Millionaires, Partnerships and Crypto
Recently, IRS Commissioner Danny Werfel spoke of changes within the IRS, announcing several initiatives focusing on high-income earners and partnerships,...
Read More
Monitoring Trade Agreements with Taiwan, Promoting Plain-Language Rules, and Expanding Recruiting and Training for Law Enforcement
United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (HR 4004) – This bipartisan bill was introduced on June...
Read More
How Businesses Can Leverage Data and Personalization for Targeted Campaigns and Growth
Marketing efforts today depend on collecting, analyzing, and leveraging data to make informed decisions. Therefore, business owners need to understand...
Read More