While the recently passed Infrastructure Investment and Jobs Act primarily addresses infrastructure-related issues, it includes several tax provisions affecting individuals and small business taxpayers. Let's take a look:
Individuals
Cryptocurrency Reporting. Cryptocurrency reporting requirements... Read More
For many nonprofits and taxpayers alike, Giving Tuesday is the start of the charitable giving season. While most organizations are legitimate, taxpayers should always research charities before donating. It is also a good idea to understand the expanded tax benefits of giving to causes that mean some... Read More
With many businesses facing a tight job market, employers should know about a valuable tax credit available to them for hiring long-term unemployment recipients and other groups of workers facing significant barriers to employment. If your business is hiring right now, the Work Opportunity Tax Credi... Read More
It's been a long time since your only options for learning about your bank balances and cleared transactions involved your telephone and your monthly statement. These days, accounting software and websites allow you to set up online connections to your financial institutions and download cleared tra... Read More
[vc_row][vc_column][vc_column_text]There is no question that account reconciliation is a dreaded chore. So much so that many small business people don't do it. QuickBooks' reconciliation tools and its ability to import transactions from your banks make this activity less painful. They also allow you... Read More