Your beverage alcohol seller clients likely face increased scrutiny in 2022 to ensure they’re complying with federal, state, and local tax requirements. We predict continued proliferation of marketplaces and delivery apps, leaving states to grapple with regulation. States that have hesitated to take a stance on takeout and delivery sales
Former President Donald J. Trump and two of his children had sought to block Letitia James, the attorney general, from interviewing them under oath.
Intuit today revealed the QuickBooks ProAdvisor Preferred Pricing Revenue Share program to recognize accountants who help their small business clients use QuickBooks Online. The new program, currently in beta, recognizes the work accountants do to recommend, set-up and onboard new clients onto QuickBooks. Accountants will receive 30 percent of the
The former president has spent decades inventing facts and figures to suit his needs. Now, dropped by his accountants, he is making new claims.
The IRS often disputes a hobby loss claimed for breeding operations and usually prevails in the Tax Court, a recent case proved otherwise. Generally, taxpagers can fully deduct expenses from an actual business, but deductible expenses are limited to the amount of income if an activity is treated as a
If you’re just joining us, go back to part one of this series on how ownership of conventional single-family dwellings differs from ownership of condos or co-op apartments. This article, part two, will focus on how the law allows an owner of a co-op apartment to increase its basis beyond
In today’s modern time, emailing is one of the most effective ways of communicating with your clients, business vendors, and suppliers for sales and marketing purposes. QuickBooks allows you to send sales forms, promotional emails, statements, and invoices to your clients directly from the desktop application with a few easy
The COVID-19 pandemic has changed how we do business in no time at all. Even before 2020, there was a discernible shift in buyers’ behaviors. Gone were the days when relationships alone drove the decision to sign with a firm. Now, B2B buyers conduct extensive online research before reaching out
An accountant working at a Georgia-based wealth management firm pleaded guilty to embezzling $800,000 from an elderly client suffering from dementia. Heidi Royal, 52, of Dallas, Georgia, an accounting manager and bill pay supervisor at Homrich Berg in Atlanta, pleaded guilty to wire fraud and aggravated identity theft, the Justice
The ‘Great Resignation‘ has been a hot topic of discussion in accounting firms, and all businesses, around the country. People are leaving their current jobs — not just for other firms, but for other careers. Unfortunately, this isn’t a short-term problem. Talent is more limited than it has been in