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Articles for September, 2023
Tax and Financial News
Tax and Financial News
IRS Announces End of Unannounced Taxpayer Visits (Mostly)
IRS Announces End of Unannounced Taxpayer Visits (Mostly)
September, 2023
You wake up in the middle of the night. Heart racing, drenched in sweat and breathing heavy. Thankfully, it was just a nightmare when the IRS showed up at your doorstep unannounced. Recently, however, this was the reality for...
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General Business News
General Business News
How to Identify and Avoid Cash Flow Pitfalls
How to Identify and Avoid Cash Flow Pitfalls
September, 2023
Looking at expenses for one's business is essential to reduce cash flow issues. For example, it would show if there's too much money leaving the business or what type of scenario the business might face if there's an unexpected and large...
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Accounting News
Accounting News
Evaluating Net Operating Loss Considerations
Evaluating Net Operating Loss Considerations
September, 2023
When it comes to determining if a business is eligible to claim a net operating loss (NOL), it depends on the financial situation. If a business' taxable income is less than its allowable deductions in a set tax period, usually...
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Financial Planning
Financial Planning
Widow/er Social Security Benefits
Widow/er Social Security Benefits
September, 2023
A widow or widower is eligible for a survivors benefit from Social Security even if they never worked – as long as the deceased spouse qualified for benefits based on his or her own income record. Also note that surviving spouses must...
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What's New in Technology
What's New in Technology
How Businesses Can Leverage Data and Personalization for Targeted Campaigns and Growth
How Businesses Can Leverage Data and Personalization for Targeted Campaigns and Growth
September, 2023
Marketing efforts today depend on collecting, analyzing and leveraging data to make informed decisions. Therefore, business owners need to understand how to harness the power of data and...
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Guest Post of the Month
Guest Post of the Month
2021 Vs 2022 Vs 2023 Federal Income Tax Brackets
2021 Vs 2022 Vs 2023 Federal Income Tax Brackets
September, 2023
The US tax system is progressive, meaning that the more you earn the more you pay. For the years 2021-2023 there are seven different brackets for each year (2020 was the same...
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Tip of the Month
Tip of the Month
How to Write an Awesome Accounting Bio
How to Write an Awesome Accounting Bio
September, 2023
Even though numbers are probably the biggest thing in an accountant’s wheelhouse, getting people in the door with the right words in your bio can make all the difference in the world. Here are a few tips...
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Guest Article of the Month
Guest Article of the Month
IRS Ruling: Crypto Currency Staking Rewards Are Taxable When Received
IRS Ruling: Crypto Currency Staking Rewards Are Taxable When Received
September, 2023
The IRS recently issued an important ruling on the taxability of crypto currency staking rewards, determining that staking rewards are essentially “income” and therefore taxable upon receipt and...
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Congress at Work
Congress at Work
Monitoring Trade Agreements with Taiwan, Promoting Plain-Language Rules, and Expanding Recruiting and Training for Law Enforcement
Monitoring Trade Agreements with Taiwan, Promoting Plain-Language Rules, and Expanding Recruiting and Training for Law Enforcement
September, 2023
United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (HR 4004) – This bipartisan bill was introduced on June 12 by Rep. Jason Smith (R-MO). The purpose of this bill is to convey approval by...
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Life Events Library
 
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