Ahuja & Clark, PLLC A&C Experts Provide Independent, Fact-based Assessments
Ahuja & Clark, PLLC A&C experts provide independent, fact-based assessments useful in resolving business interruption disputes. The business interruption accountants at A&C are adept at analyzing historical [...]
Fundamental tax truths for C corporations
The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been great news for these entities and their [...]
Fraud Prevention is a Cost Small Businesses Can’t Forgo
In June, 2018, the Federal Trade Commission (FTC) announced “Operation Main Street: Stopping Small Business Scams,” a partnership between federal and state authorities and the Better Business [...]
Should Cloud Computing Setup Costs Be Expensed or Capitalized?
Companies will be able to capitalize, or spread out the costs of, setting up pricey business systems that operate on cloud technology under an update to U.S. [...]
Even Voicemail is Susceptible to Fraud
In a world of increasing exposure to online security threats, it’s nice to be able to rely on voicemail for risk-free communication. The problem is, you can’t. [...]
Opportunity Zones: What We Know and What We Don’t
The Tax Cuts and Jobs Act (TCJA) created the Opportunity Zones program to increase investment in economically distressed communities. The program provides preferential capital gains treatment for [...]
Hundreds of IRS employees are skipping work
That could delay tax refunds A recent Washington Post article makes an interesting observation about the impact of large numbers od IRS employees skipping work. Here is [...]
AICPA Announces $650,000 in Accounting Scholarships Available
NEW YORK--(BUSINESS WIRE)--The American Institute of CPAs (AICPA) announced that more than $650,000 in scholarships for accounting students is available for the 2019-20 academic year. The applications [...]
IRS Issues Updates on Post-shutdown Activities
Taxpayers and tax practitioners received guidance from the IRS on what to expect in the areas of audits, collections, tax return processing, and Tax Court operations now [...]