Insights & News

To Port or Not to Port: Is Filing for Portability Right for You?

By Tiffany Ann Goodall | February 11, 2021

The option of portability when planning your estate could make a substantial difference come tax time,…

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Top 10 Ways Accounting Services Can Grow Your Business

By Leah Dunbar | January 13, 2021

Any successful business will tell you that having excellent accounting is the secret ingredient to growing…

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Update on Coronavirus Relief Programs

By Bridget Foreman, CPA | January 8, 2021

New Tax Relief & Grants will Support Businesses Impacted by COVID-19 As businesses and taxpayers continue to feel…

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IRS Introduces the New Form 1099-NEC

By BPW | January 4, 2021

The IRS has introduced a new Form 1099-NEC, Nonemployee Compensation. It’s a sibling to Form 1099-MISC…

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When Does a Gift Require a Gift Tax Return, and Gift Tax?

By Tiffany Ann Goodall | December 23, 2020

With lifetime gift and estate tax exemptions at an all-time high in 2020, not as many…

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Future-Forward Manufacturing

By BPW | December 17, 2020

Many manufacturers are feeling the impact of the current crisis. But companies that are ready to retool and…

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By the Numbers: The Key Adjustments for 2021

By BPW | December 4, 2020

What will 2021 bring us? After a year of turmoil and surprises, no one has a…

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Restructuring Debt as a Business Strategy

By BPW | November 18, 2020

Many businesses are facing the financial effects of the Covid-19 pandemic. The loss of clients and…

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Hobby or Business: The IRS Takes a Stand

By BPW | November 2, 2020

From a tax perspective, the distinction between hobbies and businesses is important because businesses can deduct…

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Year-End Tax Planning for Businesses

By Jacob Sheffield, CPA, MST | October 29, 2020

Many businesses remain steeped in financial, operational, and HR challenges related to the COVID-19 crisis, but…

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Year-End Tax Planning for Individuals

By Bridget Foreman, CPA | October 27, 2020

We recognize the impact this unimaginable year has had on all of us. There have been…

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Retirement Plan Options for Self-Employed Business Owners

By Tiffany Ann Goodall | October 6, 2020

Owning your own business gives you a great deal of freedom to make your own choices.…

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