Perhaps they want their business to expand, or maybe they’re just having cash flow issues. Whatever the need is, your business-owning clients often have a love/hate relationship with banks. The reason is simple: Your client needs money. Banks are in the business of lending it. Many people have often felt
The IRS has now clarified some of the rules relating to the extension in Notice 2021-21 (IR-2021-67, 3/29/21). Background: The normal tax filing due date returns and paying any resulting tax is April 15 (or the next business day if the 15th falls on a holiday or weekend). However, this
In my previous article on keeping data secure while working remotely, I covered steps to take to ensure your devices and those of your employees are protected from data breaches while everyone is working from home. The next best practice to implement is data encryption. I recommend being thorough and
2017 was almost over when Congress approved and then-president Donald John Trump signed the TCJA, short for the Tax Cuts and Jobs Act. Both its supporters and opponents agree that there can be no two opinions about whether enacting tax reductions was Mr. Trump’s signature legislative accomplishment. Those who praise
New updates from Intuit and the QuickBooks team this month include QuickBooks Cash coming to QuickBooks Online Accountant, a payroll insights dashboard, simplified search within QBO Accountant and the opening of Accountant Council applications. QuickBooks Cash in QuickBooks Online Accountant Intuit has started rolling out to accountants and their firms
The I.R.S. believes the American drugmaker used an abusive offshore scheme to avoid federal taxes.
Issues with clients often happen, but when it becomes disruptive to a positive working relationship, it is usually best to move on and hopefully amicably. In this blog post, Jody Linick shares her personal experience about the right things to do when it comes time to disengaging with a client.
Maryland’s newly minted digital advertising tax went into effect recently, but for how long remains an enigma, as a coalition of technology and business organizations have mounted a compelling legal challenge. The coalition in the civil case says in their lawsuit that the new law violates three specific laws: The
Attend this free webinar and learn how to streamline processes, maximize efficiency, and increase profit. Franchise Your Business Schedule a FREE one-on-one session with one of our Franchise Advisors today and we’ll help you start building your franchise organization. Get Started March 29, 2021 2 min read As your business
Private businesses have many safeguards in place to ensure that they remain independent after an event such as the death or retirement of an owner. It’s best to decide beforehand what would happen to this person’s shares in the company. How do they do this? The answer is funded buy-sell