New Federal Income Tax Filing Deadline Announced
The U.S. Treasury Secretary, Steven Mnuchin, announced today that federal income tax returns will now be due July 15, 2020 – matching the deferred payment due date. This measure is
The U.S. Treasury Secretary, Steven Mnuchin, announced today that federal income tax returns will now be due July 15, 2020 – matching the deferred payment due date. This measure is
When difficult times are upon us all, patience and good manners often go out the window. While employers deal with the impact of the coronavirus (COVID-19), stress levels are rising.
Traditionally, audit procedures for private companies tend to focus on the balance sheet. That is, auditors evaluate whether the book values of the company’s assets are overstated and its liabilities
Real-Time Strategic Planning (RTSP) offers non-profits a fluid approach to identifying, understanding, and acting on challenges and opportunities to advance their missions. Is this process right for your organization? Below
No one said estate planning is easy, and this is especially true if you have a ‘blended family.’ The good news is that there are two trust types — a
The IRS recently updated its principal guidance on travel per diems. These are daily amounts that, subject to periodically adjusted limits, may be used in lieu of actual expense amounts
Accounts receivables are classified under current assets on the balance sheet if you expect to collect them within a year or within the operating cycle, whichever is longer. However, unless
The Department of the Treasury Financial Crimes Enforcement Network (FinCEN) requires financial institutions to file currency transaction reports (CTRs) for certain cash transactions, and many transactions are performed by persons
Every time your business interacts with customers is an opportunity to build trust, and it is an opportunity you cannot afford to neglect. Look at customer data. When customers disclose
If you own a home, the interest you pay on your home mortgage may provide a tax break. However, many people believe that any interest paid on their home mortgage