IRS Clarifies Gift Tax Rules for Trump Accounts
The Internal Revenue Service (IRS) and the U.S. Treasury Department have announced that contributions made to Trump Accounts will not require donors to file a
July 6, 2026
Celebrating 250 Years of Opportunity
Happy Semiquincentennial, America! For 250 years, the American Dream has represented the freedom to build a better life. That dream has never belonged to just
July 6, 2026
Markets Deliver a Powerful Second Quarter Rebound
Executive Summary Global financial markets staged an impressive recovery during the second quarter, overcoming the volatility that accompanied geopolitical tensions earlier in the period. Strong
July 2, 2026
Be a Guest- America Through Fresh Eyes
Explore America with a Fresh Perspective It’s often said that travel is the only thing you buy that makes you richer. As accountants, we spend
June 29, 2026
Personal Taxes
Avoid Being Audited By the IRS
While the IRS is conducting fewer audits than they used to, it is important to avoid raising red flags. Here are some important points to
April 15, 2022
Corporate Taxes
Why You Need a Bookkeeper for Your Startup
Starting a business is a big undertaking. Though you may be tempted to do it all, there are many reasons hiring a bookkeeper at the
March 1, 2022
Your Income Tax Refund Could Be Much Lower Than Expected
The Advanced Child Care payments that some have received throughout the course of the year will result in a much smaller refund. This is because
February 4, 2022
Changes for Small Business Taxes
Beginning in 2022, if you receive more than $600 in digital payments it must be reported to the IRS. These payments include apps such as
January 10, 2022
Many Changes for Your 2021 Taxes
New changes in tax laws for 2021 may have a significant impact on your taxes. These changes include: An increased child tax credit A special
December 3, 2021
Proposed Billionaire Tax
This week Democrats are proposing a tax plan they hope would raise billions from the richest Americans. Tax experts differ on exactly how much revenue
October 27, 2021