Is your current accounting software platform helping you make informed decisions to run your business successfully? If not, it may be time to explore whether your current platform is the right package for you.  Before making this monumental decision...

The IRS has issued final regulations preventing taxpayers from getting around the state and local tax (SALT) deduction limits by way of charitable contributions. The new rules require taxpayers to reduce the amount of any charitable contribution dedu...

The Internal Service Revenue (IRS) proposed regulations on retirement plan distributions (retirement plans, IRAs and commercial annuities), requiring tax withholding if the recipient does not satisfy U.S. address requirements. These proposed regulati...

On July 1, President Trump signed into law a sweeping, bipartisan Internal Revenue Service (IRS) reform bill called the Taxpayer First Act (P.L. 116-25). This legislation aims to broadly redesign the IRS for the first time in over 20 years. Reworked ...

If you’re lucky enough to be a winner at gambling or the lottery, congratulations! After you celebrate, be ready to deal with the tax consequences of your good fortune. Winning at Gambling Whether you win at the casino, a bingo hall, or elsewhere, ...

Accepting a new position in the United States often brings several new opportunities, but there are also several factors expats should proactively evaluate, such as their U.S. tax obligations. Amidst the excitement of relocating to a new city or town...

How much is your sensitive data worth to you? This is what cyber criminals ask when they run a ransomware attack – taking over your computer and blocking access to your files until you pay a given sum. Hackers typically carry out these attacks by s...

If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions on your tax return. Unfortunately, they may not amount to as much as you think your generosity is worth. Because donations to charity of c...