Microsoft is warning of a phishing campaign targeting accounting firms and tax preparers with remote access malware allowing initial access to corporate networks. With the USA reaching the end of its annual tax season, accountants are scrambling to gather clients' tax...

Owners of essential businesses might assume their companies are ineligible for employee retention credits (ERC) because they neither met the revenue decline thresholds nor experienced a suspension of operations due to a government order. However, in a little-known...

Nearly 70% of small business owners applied for loans under the CARES Act. The $2.2 trillion relief bill provided many options for businesses to minimize the burden of the COVID-19 pandemic. Some of the pandemic relief programs include but are not limited to payroll...

Qualified research expenses are central to the federal research and development (R&D) tax credit. Businesses that can identify which of their costs meet the qualifying criteria may be able to take advantage of a dollar-for-dollar reduction in their tax bill. What is...