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...
Battling Burnout in a Never-Ending Tax Season
It’s what feels like month number 437 of tax season and we’re all feeling the burnout. I don’t think I’m alone in saying that...
Digital Signatures and Tech Update With eFileCabinet
In this week's Q&A, we sit down with eFilcCabinet CEO Jesse Wood.
The Internal Revenue Service has loosened its digital signature policy in light of...
Biden-Harris Administration Increases Lending to Small Businesses in Need & Announces Changes to PPP
The official White House website released a fact sheet surrounding the Biden-Harris Administration's several changes to the PPP to aid small businesses amid the...
Tax Professionals Take Action
Our country is fragile.
Emotions were already all over the place because of the pandemic and the stay at home orders. But now with...
A Pre-Purchase Land Valuation Can Benefit Your Client’s Cost Segregation Study
If you’re a CPA, how can a land valuation benefit your client’s cost segregation study before a real estate purchase?
Land is a non-depreciable asset....
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...
SBA provides safe harbor for PPP loans under $2 million
Businesses that together with their affiliates accepted Paycheck Protection Program (PPP) funds of less than $2 million will be assumed to have performed the...
How to Advise Struggling Business Clients
Now is the time for advisory services and helping clients navigate the economic crisis. When the tax year 2019 filing deadline was postponed until July...
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...
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Leading the Way
At Intuit, our mission is to power prosperity around the world. To aid customers in that regard, Intuit Accountants recently released the results of...
Establishing a Brand: Critical to Success
Your brand is what sets you apart from your competition. It's makes you stand on your own as a unique solution. It’s important to establish...
Respecting Your Team’s Off Time
As we approach another round of holidays, it's important to remember to respect your team's off time. This may seem like an obvious thing...