Accountants Head Overseas for Talent
The crunch for talent within the accounting profession remains one of the biggest obstacles for U.S. accounting firms today.
Ex-IRS Chief Says He Is Confident Daniel Werfel Will Do Well as Agency’s New Leader
Former IRS chief, Mark Everson, believes new IRS chief Daniel Werfel is the right person to lead the agency during its $80 billion transformation.
Supply Chain Issues for CPA Firms???
Even CPA Firms Are Facing “Supply Chain” Issues. It is no secret that the US is facing a serious shortage of accounting professionals which will result in severe circumstances for the CPA profession and the market for CPA firm services. The latter point is always overlooked.
Do You Qualify For These Green Tax Breaks? Tips from a Top Accountant
The Inflation Reduction Act offers some incentives for clean companies. It’s tax time, and companies nationwide are looking for sustainable write-offs to help soften the blow and reduce their carbon footprint.
Section 179D – Tax Incentives For Energy Efficient Buildings — Good News From Congress And The Courts
There has recently been a fair amount of activity in the world of Section 179D – an important tax incentive for energy efficient building design. As background, in 2005, Congress enacted Section 179D of the Internal Revenue Code, – the energy efficient commercial building deduction – in an effort to impact the country’s largest consumer of energy, our buildings, and to encourage and incentivize the construction (including rehab) of greener buildings.
Hidden Tax Benefits and Potential Pitfalls SMBs Should Know This Filing Season
The Inflation Reduction Act (IRA) is potentially transformative for small- to medium-size businesses (SMBs), but along with taking advantage of the new benefits it and other government programs have to offer, SMBs must be aware of critical nuances that could impact their tax filing this season.
Industry Insights
Our alliantgroup professionals got the chance to hear Industry Insights from two of our Strategic Advisory Board members.
3 Changes to Keep in Mind for Tax Season
No, the IRS isn’t going away. In fact, concerns about audits are ticking up. As small businesses prepare for tax season, there are still plenty of benefits…
I.R.S. Backlogs Continue as Republicans Mount Offensive
The National Taxpayer Advocate expressed hope that better days were ahead for the tax collection agency.
Caution: Top 5 Employee Retention Credit Mistakes to Avoid
Last year, I published a piece about the top myths regarding the Employee Retention Credit (ERC) that was preventing business owners, charity managers and Indian tribes from claiming this important tax incentive.