Getting Your 2020 1099’s Out of QuickBooks Desktop and QBO
It’s year-end and time to get out your 1099’s! Join these two webinars where Gregg S. Bossen CPA will walk you through how to...
Five Tips for 1099s in QuickBooks Online
As if 2020 hasn’t been challenging enough now at the mad dash to the year-end we need to learn and comply with the new...
Politics and Tax Planning Do Not Mix: How to Help Your Clients Deal with...
After a highly politically charged year, it is not a topic too many of us are excited to talk about; however, changes in administration,...
Cannabis Multi-State Operators and Nexus
Multi-State Operator (MSO) is a term that has become specific to the cannabis industry. Regulations in cannabis that require very specific licensing, on a...
A Look at Proposed Legislation: Last Minute 2020 Curveballs
Well, I do not know what would be more 2020 than a last-minute legislative action that would change some of our carefully planned yearend...
A Practitioner’s Cannabis Dictionary – Key Industry Terms Defined
As the cannabis industry continues to expand and laws change, more practitioners are looking to start serving the industry. While 2020 was wrought with...
Purpose and Taxes: The Significance of Two Opposing Assets
As a member of the tax community, I am particularly sensitive to the phrase, “The devil is in the details” as so much of...
National Tax Security Awareness Week opens with warnings to tax pros and taxpayers as...
The Internal Revenue Service and the Security Summit partners today issued warnings to all taxpayers and tax professionals to beware of scams and identity...
Four Steps to a Tax Advisory Business Model
Compliance, advisory performance, and advisory strategy are the main component of accounting services. Most accounting firms and accountants focus on compliance. While it’s still...
IRS Issues Rev Rul: Year of Deductibility for Expenses Paid with PPP Dollars
The IRS issued Revenue Ruling 2020-27 that addresses when a borrower should exclude the expenses used to obtain forgiveness of their payroll protection program...
Latest article
Inauguration, Insurrection at the Capitol and Social Media
Our country collectively exhaled a major sigh of relief when Biden was sworn in yesterday and there were no bombings or other violent acts....
Why Your Cannabis Clients May Need to Pay Multi-state Sales Taxes
Cannabis taxes are a challenge across the industry. Everyone working in cannabis knows that IRC Section 280(e) presents some big challenges for anyone operating...
TaxAct and TaxDome Partner to Help Tax Pros Modernize Their Practices
2020 made one thing extremely clear to tax professionals: the ability to manage their practices online is now an operational and competitive necessity. Thanks...