Transitioning Ownership The decisions made regarding ownership of the family office or closely held business may not necessarily be the…
Businesses Should Prepare Now to Issue New IRS Form 1099-NEC
Businesses that would typically provide a Form 1099-MISC to independent contractors (and certain others) and the IRS need to be…
Charitable Giving Under the CARES ACT
On March 27, 2020, the CARES ACT (Coronavirus Aid, Relief and Economic Security) was enacted. The Act includes provisions to…
Small Business Relief Opportunities
We understand that there has been much media coverage of various government subsidies and concessions now available to small businesses…
Substantiation of Business Income and Expenses – Items of Note
Businesses of all sizes are experiencing increasing scrutiny by taxing authorities, at the federal, state and local levels. Fees and…
You’ve Got Mail: Responding to an IRS CP2000 Notice
Let’s face it, most individuals panic when a letter from the IRS arrives in the mail. Take a deep breathe, splash your face with cold water, and be prepared to respond within 30 days.
