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By the Numbers: The Key Adjustments for 2021
What will 2021 bring us? After a year of turmoil and surprises, no one has a clear crystal ball. But there are some certainties, and...
Restructuring Debt as a Business Strategy
Many businesses are facing the financial effects of the Covid-19 pandemic. The loss of clients and decreased cash flow have forced businesses to make some...
Hobby or Business: The IRS Takes a Stand
From a tax perspective, the distinction between hobbies and businesses is important because businesses can deduct losses, but hobbies cannot. The Tax Cuts and Jobs...
Year-End Tax Planning for Businesses
Many businesses remain steeped in financial, operational, and HR challenges related to the COVID-19 crisis, but businesses cannot afford to neglect proper tax planning this...
Year-End Tax Planning for Individuals
We recognize the impact this unimaginable year has had on all of us. There have been immeasurable shifts in our society, but our unwavering commitment...
Retirement Plan Options for Self-Employed Business Owners
Owning your own business gives you a great deal of freedom to make your own choices. It also comes with a lot of responsibility as...
5 New Updates on Economic Impact Payments
New information continues to unfold as Congress provides clarity on several aspects of the economic impact payments and discusses a potential second round of stimulus...
How To Use a CPA as an Expert Witness
A CPA may be called upon as an expert witness to render a professional opinion, whether in a deposition or at trial. Expert witnesses may...
10 Ways to Improve Your Cash Flow
Cash flow is king. It is the lifeblood of any business. Often referred to as “working capital,” cash flow is the movement of money going...
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