The U.S. Tax Court found that a non-CPA tax preparation and bookkeeping business is an accounting service and subject to the 35 percent tax applicable to qualified personal service corporations.A Las ...

Effective tax accounting is a complex and high-stakes function. The accuracy of tax provisions is critical to financial reporting, yet vulnerabilities exist due to the reliance on spreadsheets and the ...

Black-owned accounting firms are helping businesses maintain tax compliance while protecting income and profits.

If you are a new business owner, you may be wondering how you should approach your taxes. If you are new to taxes, it is key to understand your personal and business finances and taxes. It's important ...

Tax accounting is a critical field that focuses on preparing and analyzing tax payments and returns. It differs from other accounting fields in that it is guided by specific tax-related provisions set ...

In their book, Start Your Own Business, the staff of Entrepreneur Media Inc. guides you through the critical steps to starting a business, then supports you in surviving the first three years as a ...

Growing a business is exciting, but it also comes with financial complexities that many entrepreneurs underestimate. Revenue growth is only part of the picture—without careful planning around taxes, ...

Over the past year, businesses have made dramatic shifts to navigate the changing economic environment and overcome the challenges of the pandemic: moving employees to remote work overnight (and ...