Understanding nexus is essential for determining a company's tax obligations. However, many businesses are unaware of what establishes nexus and thus are unaware of their tax obligations. Learn about tax nexus and how it may affect your company.
If your trade or business made payments in 2022, you are most likely required to file information returns to the IRS (Forms 1099-NEC, 1099-MISC, etc.) by January 31, 2023. Keep in mind that common types of business expenses, such as rent and professional fees may be subject to reporting.
As the calendar year wraps, it's time for health care organizations to reflect on challenges this year as well as what to focus on for the coming year.
Understanding accounting jargon is important to avoid misunderstandings and costly mistakes. We provide 10 examples of accounting jargon business owners and executives need to succeed.
On Oct. 19, 2022 the IRS issued a news release warning employers to be wary of third parties who have ramped up campaigns to try and get employers to claim the CARES Act Employee Retention Tax Credit (ERTC) when they may not actually qualify.
Our whitepaper explains contracts within the scope of Topic 842, as well as a lessor's accounting under ASC 842 for its contracts that are (or include) leases.
The new lease accounting standard is effective for fiscal years beginning after December 15, 2021 for nonpublic organizations; so it’s essential that businesses start planning now if you haven’t already.