Blog
Internal Audit Proves Critical During COVID-19
The internal audit profession is an instrumental function as it relates to managing risk and providing insights. The onset of COVID-19 and its...
Tips for Estate Planning at the end of 2020
Most people aren’t currently exposed to the federal estate tax, thanks to the generous unified federal estate and gift tax exemptions. However,...
16 Cost-Cutting Measures That Small Businesses Should Consider
Many small business owners are looking forward to the end of 2020. It’s been a year of significant hardship and stress. But staying afloat remains a...
Tax Calculation: Business Meals and Entertainment
On September 30, 2020 the IRS released final rules on the tax calculation of business meals and entertainment with respect to the Tax Cuts and Jobs...
Didn’t File a Tax Return? Claim Your Economic Impact Payment
The Internal Revenue Service (IRS) released a breakdown by state of approximately 9 million people who don’t file a federal income tax return to...
Senate Announces $30 Billion in PPP Loans for Smaller Credit Unions & CDFIs
On April 21, the Senate passed legislation that would allow for an additional $320 billion for the Small Business Administration Paycheck Protection...
Lookout for Coronavirus Scams
The Internal Revenue Service urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or...
Preparing for Cybersecurity Threats Related to Coronavirus
According to the cisa.gov website, the Cybersecurity and Infrastructure Security Agency (CISA) has been monitoring the evolving Coronavirus, also...
Highlights from IRS Extension Relief Q&A
In FAQs posted on March 23, 2020, the IRS answered many of the questions regarding the July 15 filing and payment extension announced in IRS Notice...
