Introduction If your Shopify store (and eBay integration) is racking up hundreds of thousands in annual sales, basic tax compliance won’t cut it. High-volume sellers face unique planning opportunities...
What Is IRS Letter 106-C? Letter 106-C (Claim Partially Disallowed) is the IRS’s legal notice that it has denied part—but not all—of your Employee Retention Credit (ERC) claim for...
(Tax Year 2024 – To Be Filed in 2025) Overview Every year, employers are legally required to issue Form W-2 (Wage and Tax Statement) to their employees. This form...
Introduction A compliance audit ensures that a business follows legal, financial, and industry regulations. It verifies whether a company meets IRS tax laws, employment rules, financial reporting standards, and...
Introduction The Head of Household (HOH) filing status provides tax benefits for unmarried individuals who support a dependent and pay the majority of household expenses. Filing as HOH allows...
In the fast-paced U.S. restaurant industry, effective tax planning is crucial for financial sustainability and growth. Navigating the complexities of tax legislation while aligning with U.S. Generally Accepted Accounting...
In the ever-evolving U.S. hospitality industry, mastering the complexities of tax laws while adhering to U.S. Generally Accepted Accounting Principles (U.S. GAAP) is essential for maintaining profitability and maximizing...
Leveraging Tax Credits for Pandemic Relief As the COVID-19 pandemic brought unprecedented challenges, the U.S. government introduced several financial measures to mitigate its impact on businesses and their employees....