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Accounting Tips to Benefit Your E-Commerce Business
E-commerce marketplaces popped up in the early 1990s and have been on the rise ever since. In the last decade, we have seen a surge...
A New Frontier in Cryptocurrencies: What are NFTs?
Non-fungible tokens — a player in the shadowy cryptocurrency world — have increasingly been making their mark. But what are they, and how do they work? Why...
The Future of Commercial Real Estate
The COVID-19 pandemic has had a dramatic impact on commercial real estate. Some sectors of the industry, such as industrial property, remained vibrant, while office and...
Consider Outsourcing Your Bookkeeping
Accurate and up-to-date financial records play an important part in your business's success, but the daily tasks required to maintain these records fall to the...
Proposed Tax Increases on the Horizon
President Biden presented the American Families Plan in an April 28, 2021 address to Congress, which he proposed a federal spending program to support new...
DOL Withdraws Independent Contractor Rule
The Department of Labor recently withdrew the “Independent Contractor Status Under the Fair Labor Standards Act” final rule. According to the Society for Human Resource...
IRS Relaxes FSA and DCAP Rules
The IRS is providing some leeway to employee benefit plans offering health flexible spending accounts (FSAs) and dependent care assistance plans (DCAPs). Under the COVID-19-related...
How Nonprofits Should Handle Tax Form 990
Form 990, Return of Organization Exempt From Income Tax, is the IRS’ method of evaluation to make sure your nonprofit is financially honest and legitimate....
Hidden Tax Break: Meal Deductions Get a Boost
The Consolidated Appropriations Act, 2021 contained a provision designed to give a boost to the restaurant industry: upgrading what had been a 50% meal deduction...
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