Read About - IRS Issues 2020 Depreciation Dollar Limits for Passenger AutomobilesJuly 30, 2020
The IRS has issued the depreciation limits for business passenger automobiles placed in service by the taxpayer in 2020
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Read About - Proposed Regulations Issued Updating Definition of Qualifying Relative for Child-Related Tax BenefitsJuly 30, 2020
The IRS has issued proposed regulations clarifying the definition of a qualifying relative for various tax benefits for tax years 2018 through 2025 in which the dependent exemption amount is zero
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Read About - Proposed Regulations Address Eliminated Qualified Transportation Fringe DeductionJuly 30, 2020
Proposed regulations provide guidance regarding the elimination of the deduction for expenses related to qualified transportation fringe benefits (QTFs) provided to an employee
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Read About - What do you do with Form FTB 4734D?
Read About - Treasury and IRS Release Draft Partnership Form to Clarify International Tax ReportingJuly 30, 2020
The Treasury Department and the IRS have released a proposed redesigned partnership form for tax year 2021 (filing season 2022)
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Read About - July 2020 Audit & Assurance NewsletterJuly 13, 2020
FASB proposes delay of insurance standard effective date
FASB recently issued a proposal that would delay the effective date of the board's new standard on long-duration insurance contracts by one year in an effort to provide relief to insurance companies affected by the coronavirus pandemic
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Read About - 6 Ways to Overcome a Business TraumaJune 30, 2020
Post-Traumatic Stress Disorder (PTSD) is a mental health condition triggered by experiencing a terrifying event
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Read About - 5 Reasons Why Your Business Is Too Dependent On YouJune 30, 2020
If you were to draw a picture that visually represents your role in your business, how would it look
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Read About - Starting Vs. Growing a Business
Read About - 8 Steps For Turning A Service Into A ProductJune 27, 2020
Does your business offer a service or a product that you differentiate through a higher level of service
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Read About - The Paycheck Protection Program Gets New and Improved Forgiveness Application Forms
Read About - Opportunity Zone Compliance: IRS Offers ReliefJune 26, 2020
On June 4, 2020, the IRS announced new Opportunity Zone Compliance guidelines, which provides broad relief for several opportunity zone compliance requirements
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