Audits are among the most intimidating experiences a business owner can face. When the IRS calls, it’s natural to feel uneasy. However, with the right understanding and preparation, you can
Clergy members, including ministers, pastors, and other religious leaders, face unique tax challenges due to the dual status they often hold as both employees and self-employed individuals. This blog post
As tax season rolls around, many business owners look forward to receiving their tax refunds. However, a troubling trend is emerging: millions of tax refund checks are being stolen from
The Corporate Transparency Act (CTA), which takes effect on January 1, 2024, will have significant implications for business owners. Its main goal is to promote transparency and combat illegal activities
As a business owner, receiving a notice from the IRS can feel overwhelming. However, it’s important to know that not all notices are cause for alarm. Each year, the IRS
In today’s world, tax scams are becoming increasingly sophisticated, posing a significant threat to individuals and businesses alike. As a business owner, you need to stay vigilant and aware of
As a business owner, you may think that issuing a 1099 form is a task reserved for payments made to individual contractors or small businesses. However, recent regulations might surprise
In a notable legal development, Abdirizak Farah, the founder and superintendent of two charter schools in Ohio, has admitted to engaging in bank fraud, highlighting a serious breach of ethical
The recent sentencing of Jess Adams, the former treasurer for the City of Houston, Alaska, serves as a stark reminder of the vulnerabilities in financial management systems. Adams was handed
In a startling legal case that underscores the severe consequences of financial misconduct and tax evasion, Aaron Rossi, a former employee at Central Illinois Orthopedic Surgery, has been sentenced to