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Integrating AI into Modern Accounting Practices

Artificial intelligence (AI) is the latest technology to hit the accounting field. AI solutions can automate data entry by: Reading and processing paper and electronic READ MORE

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Updated Guidance on Business Vehicle Depreciation

Recent changes in tax legislation have expanded the possibilities for deducting depreciation on vehicles used for business, yet the rules continue to be complex. Moreover, READ MORE

Understanding the New Emergency Savings Accounts for Retirement Plans

Beginning in 2024, the SECURE 2.0 Act enables employers to offer non-highly compensated employees the opportunity to contribute to emergency savings accounts linked to their READ MORE

Tax Savings with Employee Benefits for Small Businesses

As a small business owner, you understand the importance of attracting and retaining talented employees. Employee benefits such as health insurance and retirement savings plans READ MORE

A Closer Look at Installment Sales

For federal income tax purposes, an installment sale is when at least one payment of proceeds from an eligible sale is deferred until after the READ MORE

Understanding the Tax Consequences of Compensation

By: Ryan J. Wisniewski, CPA Crafting competitive employee compensation packages and bonus plans is critical to attracting and retaining top talent. However, beneath the surface READ MORE

SECURE 2.0’s Game-Changing Amendments for 2024 and Beyond

Get ready to revamp your retirement playbook because SECURE 2.0 has arrived, and it’s bringing some serious game-changing updates to the table. Whether you’re a READ MORE

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