The Internal Revenue System (IRS) urges taxpayers and tax professionals providing accounting services in Hollywood, Florida and the whole country to remain vigilant in the face of emails and text scams aimed at tricking people about refunds or tax issues in the 2023 Dirty Dozen tax scams. These messages arrive in the form of unsolicited …
The Employer Retention Credit (ERC) was introduced by the U.S. government as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020. The aim of the ERC is to help businesses that were impacted by the COVID-19 pandemic to retain their employees and avoid layoffs. This refundable tax credit is available …
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Five-Minute Tax Briefing®January 10, 2023No. 2023-01 Item for Tuesday, January 3, 2023 Interim Guidance on the New Corporate AMT: The Inflation Reduction Act of 2022 amended IRC Sec. 55, which imposes a new 15% Corporate Alternative Minimum Tax (CAMT) imposed on the “adjusted financial statement income” of an applicable corporation. The IRS has released a notice to …
It’s more than just sea level rising, it’s also wildfires, increased hurricanes, tornadoes, flooding and more. Climate change will also be effecting businesses by changing the way we plan now and in the future. Check out this article we like from Forbes regarding the effects of climate change that could impact you and your company: …
When traveling abroad to a place like Rome or otherwise for the first time since the pandemic, there are a lot of to-do items to be ticked off on your financial checklist. One of the most important being preparing your credit card companies by letting them know where you’re going so they don’t freeze your …
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