Businesses must prepare 1099s for contractors and vendors by February 2, 2026. Understanding which forms to use and getting organized now can help you stay on track and avoid costly...
Authored by: Brennan Ray Changes to accounting standards do not always make headlines, but some deserve close attention. The Financial Accounting Standards Board has issued ASU 2025 05, a meaningful update...
Authored by: Lindsey Knebelsberger While audits may not be everyone’s favorite cup of tea (or coffee… or anything, really), with the right habits, the process can be smoother and far less...
Broker-dealer audits may seem overwhelming, but they can be much easier with good preparation, expert support, and a clear understanding of what regulators are looking for. When you know what...
The accounting profession is undergoing a transformation, with today’s CPAs moving beyond compliance to become strategic advisors. In a recent episode of Entrepreneurial Thinkers with Rob Ryan, Richard Fleischman, CPA,...
Selling appreciated real estate? Learn how installment sales can help you spread capital gains over time, reduce your tax burden, and align payments with retirement or income planning goals. This...
The IRS is offering penalty relief for 2025 as employers struggle to comply with new reporting requirements for tips and overtime pay under the OBBBA. While businesses won't face penalties...
Understand how the IRS taxes short-term rentals, from the 14-day rule to deductible expenses and 1099-K reporting. A must-read guide for short-term rental hosts....