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Your Social Security Number Is at Heightened Risk for Theft

Your Social Security Number Is at Heightened Risk for Theft

You can safely assume that, in one form or another, your personal data has been leaked online. If it wasn’t apparent before, it’s undoubtedly become clear with the revelation that nearly 3 billion Social Security numbers (SSNs) and other sensitive personal information...

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The Tax Benefits of a Net Operating Loss (NOL)

The Tax Benefits of a Net Operating Loss (NOL)

Business losses can occur for a variety of reasons. They could be the result of financial challenges, but losses can also happen when you take chances, expand, or grow in ways that are necessary to trigger more success. Whatever the reason for your business losses, do...

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Dangers of AI-Powered Chatbot Tax Advice

Dangers of AI-Powered Chatbot Tax Advice

TurboTax and H&R Block started using artificial intelligence (AI) chatbots to give tax advice. The potential results? Dramatically inaccurate tips that could lead to an audit. Consider this your reminder to rely on real CPAs. Washington Post reporter Geoffrey A....

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IRS Offers Tax Guidance for Inherited Retirement Accounts

IRS Offers Tax Guidance for Inherited Retirement Accounts

Over the past few years, the SECURE and SECURE 2.0 Acts dramatically changed the rules for qualifying inherited retirement plans, including IRAs. The IRS finally released guidance clarifying some of the major sticking points for fund owners and their beneficiaries. In...

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Family Business Growth Through Uncertainty

Family Business Growth Through Uncertainty

If you own a family business that’s been growing or seems poised for growth, you’re not alone. You’re also not alone if you feel more worried or concerned than ever, even while your revenue and headcount trend upward. For a small business owner, it comes with the...

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Still Waiting for Your Employee Retention Credit?

Still Waiting for Your Employee Retention Credit?

The Employee Retention Credit (ERC) was a lifeline for businesses during the COVID-19 pandemic, but things went south due to widespread fraud and abuse. If you’re still waiting for an ERC credit or are now questioning your eligibility, here’s what you should know. The...

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