How the FTX Crypto Bankruptcy Was Born From a Complete Lack of Accounting Controls

FTX Group, also officially referred to as FTX Trading Ltd., is a cryptocurrency company that is currently in the process of bankruptcy proceedings. In...

Cashflow Best Practices For Your Startup to Use During a Recession and Beyond

Experts agree that a recession in both the United States and Europe is likely just on the horizon. Recessions can be stressful and uncertain times for...

Tax Planning Tips for Attorneys and Lawyers

When it comes to income tax planning, one of the most important things to understand is that not all professions are created equally. Yes, it's true t...

How QuickBooks Can Get Your Finances In Order for 2023

  Put 2022 behind you by wrapping up those unfinished accounting tasks in QuickBooks. You meant to clean up your accounting data by the end of 2022, b...

Understanding Tax-Deferred Investing

Article Highlights: Income Deferral Earnings Deferral Individual Retirement Accounts Retirement Accounts Bank Savings Short- and Long-Term Capital Gai...

How the Story of the Chrisley's Bank and Tax Fraud Ended With Them in Jail

The reality series "Chrisley Knows Best" first premiered on the USA Network in March 2014. It followed the lives of Georgia real estate professionals ...

January 2023 Individual Due Dates

January 3 - Time to Call For Your Tax Appointment January is the beginning of tax season. If you have not made an appointment to have your taxes prepa...

Reminder: Deferred Social Security Payments Due 12/31

Article Highlights: Installment Due Date COVID 2020 Relief How To Repay This is reminder for employers and self-employed individuals that chose to def...

Important Information for S-Corp Shareholders and Partners of a Partnership

Article Highlights: Schedule K-2 and K-3 Filing Requirements Background Fast Forward to the Present Domestic Entity K-2/K-3 Filing Exception Partner o...

What Is Business Cash Flow?

  As the name suggests, cash flow is a term used to describe the money coming into and out of a business. Cash received - like money being paid to the...