Insights

Content on accounting, finance, technology, and business management to guide companies and entrepreneurs.

Balloom Red Gradient shadow

Tax (5)

Three accountants meeting discussing the new tax relief

3 min read

Attention Business Owners - Important Tax Relief Available Only if Congress Hears from You

On January 31, the House of Representatives overwhelmingly passed H.R. 7024, the Tax Relief for American Families and Workers Act of 2024 (357 to...

Read More

4 min read

Reporting Foreign Trusts and Gifts: what is Form 3520

Individuals who are citizens or residents of the United States, as well as executors handling the estates of deceased U.S. individuals, are required...

Read More

5 min read

Checklist for tax deadlines 2024: what you should keep in mind

Ensure you stay on top of important tax deadlines, dates, extensions, and other factors for individuals and businesses this year by keeping your...

Read More
White notebook written with Charitable Remainder Trust

3 min read

Tax Benefits of a Charitable Remainder Trust

There is often curiosity surrounding the tax benefits, implications, and motivations behind establishing a charitable remainder trust. In this...

Read More
A man wearing a suit holding a w9 form sheet indicating where to fill it out.

2 min read

What is an IRS Form W9?

The W-9 form, also known as the Request for Taxpayer Identification Number and Certification, gathers vital tax information from individuals or...

Read More
form 1042 and 1042-S

2 min read

IRS Updates: Withholding Tax Forms 1042 and 1042-S for 2023

New electronic filing requirements apply to Form 1042 beginning with tax year 2023 forms filed in 2024. For tax year 2023, electronic filing of Form...

Read More

2 min read

IRS issues advice for 2025 tax season

As the end of the year approaches, the IRS advises taxpayers to take early steps to prepare for the 2025 tax filing season. This advice is part of...

Read More
about new 1099-DA form in the U.S.

3 min read

What is the form 1099-DA used for?

While you may be well-acquainted with the traditional W-2 forms that provide details of your salary, it's important to keep up with the ever-evolving...

Read More
529 plan

4 min read

How to plan for a 529 plan for the future

Saving for education? It's no small feat. With the ever-rising cost of college, it can feel like an uphill battle. But fear not, future-focused...

Read More