by Admin | Aug 8, 2024 | Uncategorized
As a business owner or a baby boomer planning to sell your business or a significant real estate asset, understanding potential changes in capital gains tax is crucial. President Biden’s FY 2025 budget proposal includes significant tax reforms aimed at wealthier...
by Admin | Aug 6, 2024 | Uncategorized
Maintaining a clear and effective budget is crucial for success. Yet, many businesses are overwhelmed by day-to-day operations, often making financial decisions without a solid forecast. This can lead to unexpected financial troubles and missed growth opportunities....
by Admin | Aug 1, 2024 | Uncategorized
Starting a business is a thrilling adventure, filled with dreams of innovation, independence, and financial success. However, the reality of entrepreneurship often involves long hours, relentless challenges, and financial uncertainty. As tax and accounting...
by Admin | Jul 30, 2024 | Uncategorized
In 2021, taxpayers filed 153.6 million tax returns, reported earning more than $14.7 trillion in adjusted gross income (AGI), and paid nearly $2.2 trillion in individual income taxes. The top 50 percent of all taxpayers paid 97.7 percent of all federal individual...
by Admin | Jul 30, 2024 | Uncategorized
The Internal Revenue Service updated frequently asked questions in Fact Sheet 2024-26 PDF to provide guidance related to eligibility rules, income limitations, transfer rules and dealer registration for the New, Previously Owned and Qualified Commercial Clean Vehicle...
by Admin | Jul 30, 2024 | Uncategorized
SBA’s certification upgrade will start on August 1st 2024 Initial certification applications will not be accepted during the upgrade period. The upgraded system is expected to be available for new applications in early September. New and prospective...
