News and Updates

Will Your Crypto Transactions Be Reported on a Form 1099?

Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency...

Update on New Retirement Account Catch-Up Contribution Rules

The Setting Every Community Up for Retirement Enhancement (SECURE) Actbrought numerous changes to...

Businesses: It's Time to Get Ready for the New Corporate Transparency Reporting Rules

Attention: Your business may soon have to meet new reporting requirements that take effect on...

Options for Overfunded or Unused 529 College Savings Accounts

Section 529 plans can be a tax-smart way to save for college and other qualified education...

Partnerships: Tax Considerations When Adding a New Partner

Are you considering inviting an employee or an outsider to participate in your existing...

Crypto: What Taxpayers Need to Know

Cryptocurrencies have gone mainstream. You can now invest in them and use them to buy and sell many...

Mobile Banking App Users: Beware Malware Scams

Mobile banking has been gaining in popularity, and the pandemic only intensified the interest. Many...

Federal Tax Obligations When a Business Shuts Down

Is it time to close your small business? Unfortunately, closing isn't as simple as handing over the...

Help Avoid Costly Mistakes with a Review of Plan Administration Basics

Once annual enrollment has come and gone, it's a good time to brush up on some basic employee...

Joint Ventures: How They Can Open New Doors

Joint ventures are common in the construction industry, especially with large long-term projects....