Oh BOI: The Corporate Transparency Act and CPA Firms
As of January 1, 2024, millions of U.S. companies are now required to file first-time paperwork with the U.S. Department of the Treasury. Here’s what you
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Industry & Tax News
What Price Patents?
Ask ‘How much does a business patent cost?’ and you’ll get a singularly unhelpful, ‘That depends.’ ‘On what?’ you ask. Excellent question…. Provisional Patents—They are
The Seven Keys To Getting A Business Bank Loan
Before the economic crisis of several years ago, getting a business loan from a bank was much easier. Now, not so much. Banks are leery
Let’s Eat Out
Good news! Food and beverages are still 100% deductible expenses in 2021 and 2022. This temporary deduction was designed to help the hard-hit restaurant industry recover
Taking Cryptic Out of Crypto Reporting
Cryptocurrency is considered “”property”” for federal income tax purposes, meaning the IRS treats it as a capital asset. This means you pay the same taxes
Last Chance Forgiveness
Tax season is still getting shot in the arm (pun intended) by pandemic legislation, most notably the Paycheck Protection Program (PPP) loans. If your business
