IRS cybersecurity

Business Survival Tool Kit

  • March 20, 2020

COVID-19 has presented a unique set of challenges from both a health perspective and financial perspective for small business. As companies...

Strategies for Dealing with Everyday Banking Operations

  • March 20, 2020

Many of the banks I have as clients have been telling me some of their strategies for dealing with everyday operations....

Families First Coronavirus Response Act

  • March 20, 2020

Congress passed and President Trump signed the Families First Coronavirus Response Act on March 18, 2020. Several provisions of the Act...

IRS-debt-collections

COVID-19 Update: IRS Extends Tax Deadline

  • March 20, 2020

Income Tax Deadline Changes Today, Treasury Secretary Steven Mnuchin announced a 90-day extension for the filing and payment of Federal income...

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COVID-19 Update: IRS Extends April 15th Payment Deadline

  • March 19, 2020

The Treasury Department and Internal Revenue Service have released additional guidance regarding the extension of payment of income taxes due April...

Internal Control Assessments for Billion-Dollar Banks

  • March 3, 2020

One billion dollars in assets is often considered a growth benchmark for community banks. When banks reach this size, they are...

Cash-Flow-Todd-Carroll

Taxing Issues Related to Cryptocurrency

  • January 30, 2020

Written by Jay Logal The IRS has made cryptocurrency (bitcoin) a hot button topic. They recognize that taxpayers are not reporting...

Tax Update included in Year-End Spending Package

  • January 3, 2020

Written by Jennifer Cochran The bulk of the bill lays out how the government will appropriate federal budget monies across various...

Safe Harbor for Rental Real Estate Update

  • November 19, 2019

The new tax law effective for the 2018 tax year provides a new income tax deduction for business income earned from...