The US tax system is progressive, meaning that the more you earn the more you pay. For the years 2021-2023 there are seven different brackets for each year (2020 was the same...
Non-fungible tokens (NFTs) have exploded in use and popularity in recent months. NFTs have some special tax considerations to be aware of that can be different than fungible tokens, but before we get into that, let's look at exactly what NFTs are....
Latest Stimulus Bill Provides More Relief for Americans and the Economy
March 2021
Nearly one year after the COIVD-19 pandemic-driven shut-downs began the shutter the economy, Democrats pushed through another $1.9 trillion stimulus package by narrow margins with the President set to sign the bill....
Despite the fresh start that a new year promises, our world hasn’t changed much since last March. We’re still living in a new normal. We’re masking up, working (and schooling) from home and social...
The Importance of an SSL Certificate and Best Practices
October, 2020
An SSL (Secure Sockets Layer) certificate used is to encrypt traffic between systems, such as client and server. This is done to protect data that might include confidential information, Social Security numbers...
How to Develop a Sanitation Plan for Employee and Customer Safety
August, 2020
As part of a comprehensive strategy to cope with COVID-19 and reduce the risk of spreading it, developing a sanitation plan is a necessary tool that businesses can implement during the reopening...
Recently, the IRS Commissioner testified before the Senate Finance Committee, sending the message that the IRS is committed to catching intentional tax evaders. There was no ambiguity in the message of his testimony to...
How Businesses Can Help Protect Themselves Against Civil Unrest
July, 2020
If the COVID-19 pandemic isn't a big enough strain on businesses trying to engage in commerce, whether it’s retailers, restaurants, manufacturers or those in the service sector, civil unrest puts another strain on...
Payroll Protection Program Loan Forgiveness is Here
June 2020
The first Payroll Protection Program (PPP) loans were made over eight weeks ago, which means they may be forgivable if the guidelines set forth by the Small Business Administration (SBA) and United States Treasury Department are met....
COVID-19 Recovery Responses are Crucial for Companies to Thrive in the Future
May, 2020
With the coronavirus spreading across the globe, catching individuals and governments off guard, business owners have not fared any better. While the virus is having a grave impact on the health of millions across the globe...
Answers to Common Questions About the Coronavirus Stimulus Checks
April, 2020
So many checks and even more questions! There is a lot of confusion out there over the details surrounding the coronavirus stimulus checks, so below we've compiled a list of frequently asked questions and answers....
According to the 2019 Small Business Profile, a project from the U.S. Small Business Administration’s Office of Advocacy, there are 30.2 million small businesses, making up 99.9 percent of all U.S. businesses. With 59.9...
Why eSignatures Are Better Than Handwritten Signatures
February 2020
Signatures play an important role in authenticating a document or binding an individual by the provisions contained in a document. And sometimes, a handwritten signature can slow down the process....
The SECURE Act of 2019 is a broad bill with the purpose of increasing access to tax-advantaged retirement accounts in order to prevent retirees from outliving their assets. It mostly impacts those already in retirement or close to it....
How social media and digital data threaten privacy
August, 2019
Communication has changed a lot over the past two decades with social media’s emergence. The way we communicate changed from snail mail and landlines to SMS...
Your accounting firm finally has a website, well done! But, you can not sit back and wait for your target audience or clientele to stumble on your website by chance....
You might have concerns over your online privacy, you are fed up with never-ending status updates from old college friends, or you have realized half of what happens on Facebook isn't that cool after all....
If you needed to know what your cash balance was right now, would you look to your accounting system for the answer or would you call (or go online) with...
Do You Treat the Dishes Better Than Your Cash Flow?
October 2003
Cash is the lifeblood of every business. Cash is what keeps your business alive. It is a very precious asset that must be treated with the care and attention...
Over the course of my working life, I have witnessed many disturbing developments. I have seen American parents lose their sons and daughters in Vietnam. I saw one United States...
CEOs and presidents of privately held companies face unique challenges. They are accountable for providing the vision, guidance, decision-making, and leadership that drives the success of their businesses. Unlike their...
One requirement of a corporate entity is to maintain proper corporate minutes. You, your CPA and attorney may need well documented minutes to assist your corporate...
Here is a tool that will save you time and track your portfolio as your investments climb back up in market value. If you audit clients with large portfolios...
As we embark on 2003, the New Year’s resolution we suggest, one that always has a lasting impact, is to refocus on satisfying customers…and commit to...
Any organization with employees can reap the benefits of an intranet. As an organization grows, an intranet will grow with it, all the while increasing...