Business

The IRS Employee Retention Credit (ERC) Moratorium has emerged as a topic of vital importance for businesses navigating the complexities of pandemic-related tax relief. The moratorium refers to the temporary suspension of certain ERC claims processing by the IRS, a move that has significant implications for companies counting on this credit for financial reprieve. As […]

Per Diem arrangements are an essential aspect of business travel, providing a daily allowance to employees for lodging, meals, and incidental expenses incurred while on official duty. This system simplifies expense tracking for both the employer and employee, ensuring that out-of-pocket costs are covered without the need for detailed expense reporting. The standardized rates are

The Research and Development (R&D) Tax Credit remains one of the business world’s most significant incentives for innovation, yet it is often mistakenly considered out of reach for small businesses. The reality is that the R&D credit is not exclusively for corporate giants with expansive labs and research facilities. In fact, small businesses that engage

Selecting the right professional liability insurance for tax preparers is a crucial decision. It’s not just about fulfilling a regulatory requirement; it’s about peace of mind. For professionals in the intricate field of tax preparation, where the stakes are high and the margins for error are often slim, the right insurance policy acts as a

Tax preparers have a significant role in guiding clients through the maze of financial decisions, especially when it comes to selecting bank products that can enhance their tax-filing experience. From refund transfer accounts to interest-bearing opportunities, the array of products offered by banks can provide convenience, speed, and additional revenue streams for tax professionals. Each