Category: Accounting
The IRS is paying close attention to Bitcoin and cryptocurrency transactions and has sent letters to cryptocurrency users. A nice way to say, “We…
A profit and loss statement (P&L) is one in the trio of financial statements which together can reveal what is, has and could happen to your…
Online shopping sales tax will now be paid by just about all shoppers. Before June 21, 2018, the payment of e-commerce and online sales tax, in some…
The IRS regulations on S corp carried interests are up in the air after the IRS’s March 1, 2018, announcement that S corporations are subject to the…
The right business entity selection is your key to business success. The choice can be one of the most confusing and important decisions a business…
The baby bond gets two thumbs up from this CPA tax specialist! That’s the first thing I say when someone asks me about the government Baby Bond Bank…
Everybody keeps asking how the 2017 tax law affects standard deductions. Using my second baseball analogy, I’ll call it the smash. That can be a…
Arkansas veterans receiving military retirement will benefit from the Arkansas Military Retirement Income Tax Cut which went into effect January 1,…
The Affordable Care Act still exists and will affect individuals and families until months beginning after December 31, 2018. This includes imposing…
The IRS knows who owns bitcoin. Since before 2015, they’ve been checking the list and collecting red flags, and chances are good they’re now humming…