Category: Advisory
Businesses: Act now to make the most out of bonus depreciation
July 25, 2022
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. The amount of first-year depreciation available … Continued
New Tax Reporting Requirements for Payment Apps
February 15, 2022
If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square, or PayPal, you could be affected by new tax reporting requirements that take effect … Continued
Old Outstanding Checks – What to do?
February 07, 2022
A common area of confusion among organizations is how to handle old outstanding checks on bank reconciliations. Many states have reporting requirements regarding unclaimed property (including uncashed checks). Depending on … Continued