Insights That Drive Action

IRS Starts Refunds for Tax Returns Claiming Unemployment Benefits

Accounting Considerations for Employee Retention Tax Credits

Organizations that are taking the ERTC should evaluate their accounting options.

IRS Allows PPP Deduction Fix

The Revenue Procedure guidance is available specifically for taxpayers that filed a timely return on or before December 27, 2020.

Not Ready to File Your Taxes? Filing for an Extension Can Help You Owe ‘Significantly Less,’ Accountants Say

What’s Behind Friday’s Disappointing Jobs Data?

179D – Energy-Efficient Buildings Deduction

The 179D commercial buildings energy efficiency tax deduction provides business owners and government contractors, including healthcare property owners, a new tax incentive.

Hurricane Readiness for Businesses: Secure Your Assets

Protect your business this hurricane season with expert strategies and insurance insights. Master hurricane preparedness to safeguard your bottom line.

UPREITS and Biden Tax Proposals

Section 1031 exchanges have been one way real estate investors are able to grow their real estate portfolios.

Taking Advantage of the 179D Deduction for Energy Efficient Commercial Building Properties

The Section 179D deduction can only be claimed after obtaining certification from an engineer or contractor that is properly licensed in the jurisdiction in which the building is located.

New Filing Requirements for New York Nonprofit IRC Section 501(c)(3)s and IRC Section 501(c)(4)s

With the May 17 tax filing deadline right around the corner, public charities might find themselves with additional filing requirements from the New York State Department of State this year.

Income Tax Proposals in the American Families Plan

The American Families Plan includes a number of provisions addressing certain economic and educational needs.

How to Manage the Cost of Risk for Your Business

Risk management is the cornerstone of any business and you have to take into account what aspects of your business influence the cost of risk.

Restaurant Revitalization Fund Grant Program is Open

The U.S. Small Business Administration (SBA) began accepting applications on May 3 for the Restaurant Revitalization Fund, or RRF, through its website.

How to Handle the Accounting for Collateral Assignment Split-dollar Life Insurance Plans

Split-dollar life insurance is an arrangement between two parties to share the costs and benefits of a permanent insurance policy.

Strategies to Decrease the Impact of Business Tax Increases

The Biden administration may raise taxes to offset costs of new initiatives, and these strategies may help mitigate that impact.