As a business owner, safeguarding client information isn’t just good practice—it’s a legal requirement. The IRS has recently introduced a Written Information Security Plan (WISP) tailored to help tax professionals
Since the Supreme Court’s landmark 2018 Wayfair decision, businesses of all sizes have faced a more complex sales tax landscape. The ruling allowed states to impose sales tax collection requirements
For business owners struggling with unmanageable tax debts, the idea of settling for less with the IRS can sound like a lifeline. You’ve likely seen ads from companies promising to
Tax season is a pivotal time for business owners. It’s not just about filing returns; it’s about doing so with accuracy and efficiency while minimizing stress. Yet, many accounting processes
Members of the U.S. Armed Forces and veterans often have unique tax situations and needs. Recognizing the sacrifices they make, the IRS provides specific tax benefits to ease their tax
Cryptocurrency investors, businesses, and brokers are about to face a major shift in tax reporting. Starting January 1, 2025, the IRS will require brokers and other intermediaries to issue the
The IRS has once again updated its reporting requirements for Form 1099-K, extending transition relief for business owners and individuals who use third-party settlement organizations (TPSOs) like PayPal, Venmo, Etsy,