News & Tools
- IRS to set up new work unit to focus on complex passthrough entities
- Sidney Kess, a personal remembrance
- FinCEN posts guide to help small businesses with BOI reporting
- ‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say
- Remembering the mentorship and impact of Sidney Kess
- ESG Symposium synopsis: How to put firms in the driver’s seat
- PEEC addresses attest client fees and ethics in professional education
- Moratorium imposed on new ERC claim processing to curb abuse
- A refresher on fraud and the responsibility for its detection
- Guidance issued on applicability and calculation of new corporate AMT
- Optimism on the rise among large-company CFOs, according to survey
- Long-awaited guidance provided for amortization of R&E expenditures
- How to close the talent gap without hiring
- IRS vows new enforcement efforts aided by AI
- FASB approves cryptoassets standard
Business Owner
Articles
- Benefits and retirement plans
- Starting a business
- Transferring or selling a business
Decision Tools
- Benefits and retirement plans
- Choosing an entity
Estate Planning
Articles
Tax Planning
Articles
- General tax planning
Decision Tools
- General tax planning
FAQs
- Employee benefits and other issues
- Home-based businesses
- Partnerships
- Valuing a business
Accounting News
Retaining Tax Information and Records
Retaining and storing your income tax information and records is an important final step of your tax filing responsibility. This article contains information on the rules for keeping your tax records.
Working May Decrease Your Social Security Benefits
Many taxpayers currently underemployed due to recent economic conditions may consider applying for social security retirement benefits earlier than they previously planned to supplement their income. But, continuing to work while receiving those benefits may cause their benefits to be reduced below the anticipated amount.
Traditional to Roth IRA Conversions
Four years ago, the Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) relaxed some restrictive rules preventing many taxpayers from converting a traditional IRA to a Roth IRA, but this favorable change was not effective until 2010.