Every year, typically right after the new year starts, the IRS formally announces key dates and deadlines for the current...

When it comes to defining an impaired asset, its fair market value is worth less than the original cost of...

Apart from the spike in inflation, 2023 ended the year with a relatively strong economy, boasting an unemployment rate of...

So, we’re a month into 2023, and the sheen might’ve dulled from all your shiny New Year’s resolutions. Though diet...

Natural language processing (NLP) is a technology that allows computers to understand and process human language. Processing of natural language...

To rescind certain balances made available to the Internal Revenue Service (HR 23) – Introduced by Rep. Adrian Smith (R-NE)...

There has been updated guidance on how and when tax filers must file and report Form 1099-K, Payment Card, and...

According to the IRS, not only is your ignorance no excuse, but so is that of your tax preparer. In...

When it comes to businesses and their inventory and accounting methods for managing it, there are a few different ways...

Even if you have no heirs, you should have an estate plan. Otherwise, the state will determine the fate of...