Seven Steps to Writing off your New Yacht So, you want to write off your sailboat or motor yacht. Maybe you went to a boat show and a yacht broker told you it was possible, but you went home to your CPA, and they said, “It’s not possible” or “You can’t do that”. Despite …
As a small business owner, it is so crucial for you to take advantage of the latest in IRS technology while paying taxes. This valuable knowledge can keep you in the clear of any surprise audits. The changes in technology help with the use of artificial intelligence, better use of data capabilities, initial risk assessment, …
The Latest In IRS Tech and How to Prepare For an Audit Read More »
In the aftermath of COVID-19, small businesses are in need of a big financial boost. Luckily, 67-percent of Americans are planning to travel this summer. With more people taking vacations this year, the hospitality, leisure, and tourism industries are expecting great business. This comes as a huge relief but not without adjustments to ensure safety …
Tourist Businesses Expect Great Numbers This Summer Read More »
Over the past year, our world as we knew it was turned upside down. In many ways, it’s been a time of loss, suffering, and uncertainty. The American Rescue Plan Act, signed by President Biden on March 11th, 2021, was created to relieve people of financial strains caused by the global pandemic. The plan puts …
5 Ways the American Rescue Plan Act Is Helping Small Businesses Read More »
In early February 2021, members of Congress introduced the “Protecting the Right to Organize” Act, otherwise known as the PRO Act. This act attempts to restore fairness to the economy by strengthening the federal laws that protect workers’ right to join a union. While protecting organized labor, the PRO Act may inadvertently impact small business …
What Is the PRO Act, and How Will It Affect Small Businesses? Read More »