Recent News

During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home or perform certain functions there, you might be able to claim deductio...

One of the most common routes for occupational fraud perpetrators runs through the accounts receivable department. Lapping is one popular receivables scheme when perpetrators apply receipts from on...

The Consolidated Appropriations Act of 2021 (CAA) was signed into law in late December. The sprawling legislation contains billions of dollars in additional stimulus funding in response to the COVI...

A 2021 tax overview of deadlines and dates you don't want to miss.

A number of tax-related limits affecting businesses are annually indexed for inflation, and many have increased for 2021. For example, the Section 179 expensing limit has gone up to $1.05 million f...

The standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased to 56 cents per mile. As a result, you might see a lower deduction for vehicle-rel...

The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate to get a PPP loan to help during the COVID-19 crisi...

The Consolidated Appropriations Act (CAA) includes a wide variety of provisions that address the ongoing economic hardships caused by the COVID-19 pandemic. There are so many provisions, in fact, t...