How to File Your IRS Crypto Taxes

In recent years, cryptocurrency has become increasingly popular as a digital asset. With its rising popularity, the Internal Revenue Service (IRS) has taken notice and implemented regulations [...]

Are you taking advantage of FDII deduction?

The Tax Cuts and Jobs Act (TCJA) of 2017 provided for a 37.5 percent tax deduction under IRC §250 on Foreign-Derived Intangible Income (FDII). The introduction of tax on Global Intangible [...]

Workforce Challenges for Manufacturers Continue

Manufacturers have battled many challenges over the past few years. Like for many industries, struggles to recruit and retain employees have been significant. Recent information from the [...]

Continued Industry Pain Points

Manufacturers have faced several challenges in the last few years (COVID-19, supply chain shortages, labor shortages, inflation) and have had to evolve to stay current and remain competitive in [...]

Businesses Must Be Alert to Tax Code Changes on R&D Expenses and Credits

Historically, the IRS has supported domestic research and development (R&D) activities by allowing manufacturers and other businesses to expense certain costs immediately while also taking [...]

Implement These Tools to Protect Your Organization from Advanced Cybersecurity Threats

Cybersecurity Essentials: Part 3 All organizations need to protect their systems and data from cyber-attacks, which means that all organizations need to implement a cybersecurity program. Our [...]

3 steps NFPs can take to prepare for continued uncertainty

A year has passed since COVID-19 began its worldwide disruption, but the full effects have not yet been realized. The anniversary prompts us to pause and consider where we’ve been and where we’re [...]

3 EBP audit considerations in 2021

I’m sure many of us relate to the “one-year-later” pandemic fatigue prominently featured in the news. I’ve heard from several members about difficulties connecting with and supervising remote [...]

How are states dealing with the unemployment benefit exclusion?

Millions of people lost their jobs and filed for unemployment benefits each week for the past year. There are10 million Americans still unemployed, according to the latest Labor Department [...]

Women strengthen the accounting profession

International Women’s Day — March 8, 2021 — is a time to celebrate the achievements of women and acknowledge the valuable insights of women in the accounting profession. This year, we asked AICPA [...]