This year, many Americans have been victimized by wildfires, severe storms, flooding, tornadoes and other disasters. No matter where you live, unexpected disasters may cause damage to your home or…
Read Article
On August 30, 2023, the Financial Accounting Standards Board (FASB) unanimously voted to finalize its proposed improvements to the disclosure rules for income taxes. Here’s what’s changing and when those changes…
Read Article
In today's ever-changing job market, the distinction between 1099 contractors and W-2 employees has become a pivotal point of discussion for both employers and workers. While both play essential roles…
Read Article
The landscape of federal estate and gift taxes may face significant changes that could have major implications for individuals with considerable estates. The federal estate and gift tax exemption provision…
Read Article
Key Takeaways: CTA and Financial Transparency: The Corporate Transparency Act (CTA) enacted in 2021 promotes financial transparency. It mandates specific entities to report Beneficial Ownership Information (BOI) to FinCEN, aiding…
Read Article
If your investments have fluctuated wildly this year, you may have already recognized some significant gains and losses. But nothing is decided tax-wise until year end when the final results…
Read Article