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Auditing Concepts
As audit season begins for calendar-year entities, it’s important to review issues that may arise during fieldwork. One common issue is materiality. This concept is READ MORE
READ MOREUpdated 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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