Accounting standards and tax regulations are two important aspects of any business operation. Whether you are a Small Business Owner or manage a multi-national corporation, you cannot do away...
Who doesn’t love a good paycheck? However, when you receive one, you should be aware of its elements, how your taxes are withheld, and what the role of W-4...
Distributions and dispositions are crucial concepts in accounting and taxation. In this blog, we will take a look at both these factors and how they impact taxation. So let’s...
For any businesses, it’s very important to maintain accurate records. Well -kept records help businesses stay compliant with tax regulations and offers proper evidence of any transactions. The leadership...
An independent contractor is one who operates as a separate entity from the business to those it provides services for. What sets them apart is their mode of working,...
If you are a farmer looking for information on farmer taxation, you’ve landed at the right place. In this blog, we will discuss all the topics related to farming...
Nonprofit organizations enjoy a lot of various text benefits under the IRS code. Whether they are doing charity, indulging in religious activities, or for any educational purposes. They enjoy...
UNICAP or Uniform Capitalization rule is a bit complex rule. When we discuss this rule with our clients, a lot of them aren’t aware of the same. So we...
Are you looking for taxation information about C-Corporations? Well, you’ve landed at the right place! As they are regarded as a different entity than their owners by the IRS,...
When spouses jointly own and operate a business, the tax equations become different for them. There is a special provision for Qualified Joint Venture (QJV) for such couples. This...