S Corp Operating & Filing

Business owners often wonder which business entity makes the most sense for their situation. An S Corporation is a popular choice because it offers both personal liability protection and certain tax benefits. This article covers the basics of becoming an … Read More

2021 IRS “Dirty Dozen”

The Dirty Dozen represents the worst of the worst tax scams. The IRS recently updated its list of the 12 worst tax-related scams in America, known as the Dirty Dozen. Several current Dirty Dozen cases involve social media phishing, where … Read More

Two New Features in QuickBooks Online

Thanks to the cloud, if there is one thing that is consistent about QuickBooks Online, it’s the ability to evolve the product for a business owners accounting needs. Here is an overview of two latest evolutions: The new Chart of Accounts … Read More

IRS Releases 2021 Mileage Rates

The Internal Revenue Service (IRS) has issued its 2021 standard mileage rates. Beginning on January 1, 2021, the standard mileage rates for the use of a car, van, pickup or panel truck will be:   56 cents per mile for business miles … Read More