IRS declares immediate moratorium on processing new claims for Employee Retention Credit due to concerns of scams and improper claims, urging businesses to seek advice from trusted tax professionals.

As an owner of an S-Corp, understanding the concept of reasonable compensation is crucial for tax planning and compliance. Learn about the IRS’s reasonable compensation rules for determining how much

The article highlights the strong spending appetite of American consumers in July, with retail and food services sales surpassing expectations.

As more companies embrace remote work, employers need to be aware of the various rules and regulations that can apply to remote employees. The implications of remote work crossing state

Rising interest rates put a spotlight on cash management for construction contractors looking to reduce liquidity risk.

Do you know if your employees are eligible for FMLA leave? In this article, get the inside scoop on the employee thresholds and leave provisions.

Trusts are an essential tool for estate planning, but their tax implications can be confusing. Understand the differences between revocable and irrevocable trusts, grantor and non-grantor trusts, and simple and

FASB issues ASU responding to private company stakeholders’ concerns about applying ASC 842 between entities under common control.

Effective working capital management can make all the difference between success and failure in the business world. Learn how to measure and effectively manage your company’s working capital.

The Tax Cuts and Jobs Act of 2017 made several sweeping changes to the tax code. However, many provisions contained a “sunset” or expiration date. This article will review several