Latest Posts

The Election to Apply the Research Tax Credit Against Payroll Taxes

The credit for increasing research activities, often referred to as the research and development credit, is a valuable tax break for eligible businesses.

Your Nonprofit’s Board Needs to Know These Financial Warning Signs

Is your board overlooking potential financial disasters?

California Expands Pass-Through Entity Tax Benefits

California recently enacted Senate Bill 113 (SB 113), which made California’s new passthrough entity elective tax much more attractive for certain owners of S corporations, partnerships, and LLCs taxed as a partnership or an S corporation.

4 Levels of Audit Opinions

The first page of audited financial statements is the auditor’s report.

Keeping Your Nonprofit’s Remote Workers Connected

Many employees have been happy working from home during the pandemic, but some workers may have experienced feelings of disconnection and isolation.

Married Couples Filing Separate Tax Returns: Why Would They Do It?

If you’re married, you may wonder if you should file joint or separate tax returns.

Making Withdrawals from Your Closely Held Corporation That Aren’t Taxed as Dividends

Do you want to withdraw cash from your closely held corporation at a minimum tax cost?

Take Your Financial Statements to the Next Level

Spring is the time of year that calendar-year-end businesses issue financial statements and prepare tax returns.

Audit Disclosures: Why the Fine Print is Important

Audited financial statements contain footnotes that disclose information that’s vital to making well-informed lending and investing decisions.