Category: Wholesale/Distribution
IRS Warns Businesses about ERTC Scams
August 17, 2023
The airwaves and internet are inundated these days with advertisements claiming that businesses are missing out on the lucrative Employee Retention Tax Credit (ERTC). While some employers do indeed remain … Continued
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