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Fluctuating Tax Rates Impact Global Companies and Their Headquarter Locations
Before the Tax Cuts and Jobs Act was enacted in December 2017, many Fortune Global 500 companies had moved their headquarters outside the...
Jan 20, 2023


California Storm Extends April 15th Tax Deadline to May 15th
The Internal Revenue Service announced that California storm victims now have until May 15, 2023, to file various federal individual and...
Jan 13, 2023


$642B distributed by the IRS despite backlogs and refund delays in 2022
At the end of 2022, The Internal Revenue Service reported they received more than $4.9 trillion in tax revenue for fiscal year 2022, and...
Jan 6, 2023


Tax Cuts and Jobs Act May Make Venture-Capital Backed Startups Owe 2022 Taxes
Due to a provision in the Tax Cuts and Jobs Act (TCJA), many unprofitable startups will have a surprise tax bill on April 18, 2023. This...
Dec 16, 2022


IRS Surprises Retirement Plan Heirs With Tax Reprieve
Recent heirs to retirement plans got an unexpected boost last month when the Internal Revenue Service suggested they could skip making...
Nov 18, 2022


How to Work Smarter Instead of Harder
It’s not unusual for entrepreneurs to face a multitude of unique challenges every day that can stretch their ability to stay productive....
Nov 5, 2022


Yankees Fan Will Need an Accountant After Catching Aaron Judge's Record-Breaking Home Run Ball
Million-dollar baseballs are raining down on fans like pennies from heaven, and the taxman is not far behind. One ball, potentially worth...
Oct 28, 2022


Tyreek Hill Lowered His State Taxes by Moving
Although NFL player Tyreek Hill does not work from home, the eye-popping four-year $120 million deal with the Miami Dolphins will not...
Oct 21, 2022


IRS Sets Its Sights on $2 Trillion Fraudulent ERC Claims
According to a report on Aug. 31 by the Treasury Inspector General for Tax Administration, the IRS has identified more than 11,000...
Oct 14, 2022


Giving up Patagonia Saved Yvon Chouinard from a $700 million Tax Hit
Patagonia founder Yvon Chouinard described his decision to give away the outdoor apparel maker as his last-ditch effort to do all he...
Oct 8, 2022


IRS and Congress Shift Focus to ERC Claims Backlog
The Employee Retention Credit remains one of the best tax benefits for small to medium businesses and tax-exempt entities. The ERC...
Sep 30, 2022
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