The IRS said the five signs are the result of what IRS compliance teams found while analyzing and processing claims for the employee retention credit (ERC). The Service plans to briefly reopen its voluntary disclosure program.
Kamala Harris debuts official TikTok account as presidential campaign picks up
Kamala Harris debuted an official TikTok account on Thursday, underscoring the social broadcasting app’s importance to the 2024 presidential campaign.
Spirit Airlines forecasts wider quarterly loss as revenue falls short of expectations
Spirit Airlines said Tuesday it would post a wider-than-expected loss for the last quarter because of revenue that came in short of its expectations.
IRS collects $1 billion from high-income people who owed back taxes
The IRS is collecting on tax liabilities that were not “even in dispute,” Commissioner Danny Werfel said, but the IRS did not previously have the resources to pursue payment.
Proposed regs. address interest recapture on excess COVID-19 credits
The proposed regulations apply to overpayments of interest on erroneous refunds of COVID-19 credits paid on or after July 2.
Outsourcing Payroll Services – Accuracy Is Paramount
We have talked about the need for you to be able to reach your remote bookkeeping service in times of need but we haven’t talked about the need for that company to be accurate. It may seem like an obvious thing but some companies don’t have the manpower to keep up with demand, or didn’t […]
Hiring A Bookkeeper
When you are a business owner, there are a lot of things to consider about your business. The type of business, color schemes, and even the type of people that you want working for you are big issues. Something like whether or not to hire in-house bookkeeping is a big decision that you shouldn’t make […]
Let Remote Quality Bookkeeping Handle Your Bookkeeping Needs
As a business owner, you know that you have a ton of responsibilities. You have to make sure that all of your employees are doing what they need to do to make your company run smoothly, you have to make sure your customers are happy with everything. Who has time to do the bookkeeping? For […]
The Essentials of Bookkeeping For Nonprofits
Nonprofit organizations drive positive change through charity drives, volunteerism, and other heroic efforts. Yet, the financial hurdles these organizations navigate often go unnoticed, especially to those outside of the organization. Unfortunately, even skilled bookkeepers aren’t fully familiar with the rules and regulations the nonprofit sector must follow. If you manage books for a nonprofit organization, […]
Overseeing the books: “I was pretending to do it myself”
When Rosemary McLaughlin decided to become a business owner by opening a massage studio franchise, it was less a career change than the next step in a career evolution. With nearly two decades of experience in healthcare, and having recently earned her MBA from Babson College, McLaughlin was armed with the tools to make an […]