Business owners often struggle with determining the optimal legal structure and tax treatment for their business. This video will explain an S-Corp tax election and how it may benefit you and your business.
On August 19, 2022, The IRS Office of Chief Counsel released a memorandum saying that when a taxpayer’s loan is forgiven based upon misrepresentations or omissions, the taxpayer is ineligible to exclude the forgiveness from taxable income.
The Inflation Reduction Act allocated $80 billion to the IRS for hiring additional personnel and improving processes and technology. Learn about how this might affect audits and the time limitations for conducting an audit.
“Failure is the tuition you pay for success.” – Walter Brunell Sometimes, as leaders, we get frustrated with outcomes. We usually have pretty lofty ...
“If it doesn’t challenge you, it doesn’t change you.” – Fred DeVito I’ve found myself thinking about ancient history lately. In particular, I’ve been ...
President Biden announced a plan to extend the pause on student loan repayments and offer student loan forgiveness to millions of borrowers. Under the Student Loan Debt Relief Plan, eligible borrowers will have up to $20,000 of their student loans forgiven. Watch this video to learn more about the program.