Recent Articles
The desirability of cryptocurrency falls
The last year has seen a sharp decline in Americans’ level of comfort with cryptocurrencies. In 2022, the appeal of cryptocurrencies such as Bitcoin has plummeted. Americans of all age groups have become increasingly uneasy with cryptocurrency in the last...
Managing and Increasing Your Clients’ Cash Flow
Adjusting service or product pricing is one of the easiest techniques for any business to increase cash flow. When is the last time one of your business clients tried to raise their prices? An accountant understands that cash flow is...
Tax extensions have been granted to Hurricane Ian victims.
Hurricane Ian victims in Florida now have until February 15, 2023, to file and pay various federal individual and business tax returns. The Internal Revenue Service (IRS) announced that the deadline for filing various federal individual and business tax returns...
The October FBAR Extension Deadline is quickly approaching.
Those who failed to file their FBAR by the deadline of April 15 automatically received a delay until October 15, 2022. The Internal Revenue Service (IRS) reminds U.S. citizens, resident aliens, and domestic legal entities that the extension deadline for...
Update on 2022 Digital Security and Cybercrime
Only 50% of American businesses have a cybersecurity plan in place, despite the fact that cybercrime has cost them almost $7 billion in 2021. A cybersecurity benchmarking study was just completed by ThoughtLab, leadership and economic research firm. The study,...
IRS Issues Warning Amid Dramatic Rise in Scam Texts
The IRS has discovered and reported thousands of fraudulent domains linked to numerous MMS/SMS/text scams (also known as smishing) that target taxpayers so far in 2022. The Internal Revenue Service is alerting taxpayers to a recent rise in texting scams...