2023 will be a summer of traveling for many. After years of pandemic-related restrictions and cancellations, Americans are looking forward to an overdue reprieve this summer –and deservedly so. Even for diligent planners, vacation ex­penses…

Pop quiz: Is fraud and embezzlement more common in small or large businesses? Unfor­tunately for small businesses, since they often lack the internal controls that are typically in place at larger organizations, they are more…

Upcoming Tax Deadlines June 15 – Second quarter 2023 individual estimated tax payments are due. August 1 – Due date for filing 2022 retirement or employee benefit plan returns (5500 series) for calendar year plans….

Tax season used to be the most common time to receive emails and phone calls from fraudsters posing as the IRS, but in reality, the threat is now year-round. The most common technique for identity…

Many small business entity owners have a new compliance requirement to adhere to beginning next year. In an effort to better prevent money laundering, tax evasion, and other illicit financial crimes, new legislation and reporting…

On May 8, 2023, New Jersey Governor Phil Murphy officially signed legislation that effectively decouples state tax provisions from the federal prohibition on cannabis business deductions beginning with the 2023 tax year. The bills, A-3946/S-340,…

Last year, the Inflation Reduction Act of 2022 introduced new requirements and limitations for taxpayers who want to receive a tax credit for purchasing a new clean or Electric Vehicle (EV) in 2023. Before you…