Overhauling the National Tax System, Eliminating Oil Sales to China, and Criminalizing Late Abortion Attempts
Overhauling the National Tax System, Eliminating Oil Sales to China, and Criminalizing Late Abortion Attempts
How To Use Natural Language Processing To Improve The Efficiency Of Accounting Processes
Natural Language Processing
401(k) Options After You Leave an Employer
401k Options After You Leave an Employer
Why You Might Not Need a New Budget for the New Year
🖨 Print⏱ 4 min readSo, we’re a month into 2023, and the sheen might’ve dulled from all your shiny New Year’s resolutions. Though diet and exercise are the top things you might want to change, there’s one you might not need to touch – your budget. Here’s a discussion about […]
Defining an Impaired Asset
🖨 Print⏱ 3 min readWhen it comes to defining an impaired asset, its fair market value is worth less than the original cost of the asset – or, more formally, its carrying value. As a company re-evaluates its assets’ value, and when it determines there’s a discrepancy between the book […]
Key Deadlines and Changes for the 2023 Tax Season
🖨 Print⏱ 3 min readEvery year, typically right after the new year starts, the IRS formally announces key dates and deadlines for the current tax season. Recently, the IRS made the announcements for the current 2023 tax season. To make sure the process goes as smoothly as possible, it’s best […]
Understanding the Latest Modifications to Form 1099-K Reporting Requirements
🖨 Print⏱ 3 min readThere has been updated guidance on how and when tax filers must file and report Form 1099-K, Payment Card, and Third-Party Network Transactions in 2022 and 2023. According to the December IRS release, new income and transaction reporting requirements for so-called third-party settlement organizations (TPSOs) have […]