Blog
Doing the research – it’s in your nature.
Read our blog to stay in the know.
Read our blog to stay in the know.
Blog
Doing the research – it’s in your nature. Read our blog to stay in the know.
IRS Temporarily Expands List of Tax Forms Eligible for E-signatures
In light of the COVID-19 pandemic, the IRS expanded its electronic signatures program to include many more forms that historically needed a wet signature. The expansion is intended to make things easier for tax professionals and their clients, while in-person…
Making a Family File
One of the most difficult things for a family to deal with after the death of a loved one is sorting through the endless paperwork needed to get the estate in order. It is important that your documents are in…
IRS releases W-2 reporting requirements for qualified leave in 2021
The IRS recently issued Notice 2021-53, providing guidance on reporting qualified leave and sick wages to employees. Qualified sick and leave wages are those that are defined by the Families First Coronavirus Response Act (FFCRA), which was amended by the…
Don’t overlook the Employee Retention Credit
Note: We are closely monitoring H.R. 3684, known as the Infrastructure Investment and Jobs Act. The Senate has approved the infrastructure bill and now goes to the House of Representatives for consideration as of the publication. The infrastructure bill would…
Seven tax strategies that save small businesses money
Taxes are a constant for any business. They come due every year, whether you have a profitable year or are in times of economic downturn. Planning for your taxes is an important business function, as it allows you to make…
Understanding Your Cash Flow and Financial Statements
As a business owner, it is important to be able to read and understand the accounting terms found in your financial statements. Once you understand the basics of financial statements, you can interpret what they mean to your organization’s financial…
Walter & Shuffain Recognized as a 2021 IPA Top 200 Firm
Inside Public Accounting (IPA) has named Walter & Shuffain, P.C. (Walter & Shuffain) a 2021 Top 200 Firm. This is the first year that the firm has broken into the Top 200, having been listed in the Top 300 for…
Understanding How the R&D Tax Credit Can Offset Payroll Taxes
Start-ups and small businesses customarily incur expenditures that may qualify for Research & Development (R&D) tax credits, but generally, these businesses don’t have the taxable profit needed to take advantage of the credit. Qualifying small businesses can apply all or…
Developing a Disaster Preparedness Plan
The widespread media coverage of natural disasters has left business owners with little excuse to be unprepared for hurricanes, tornadoes, earthquakes, forest fires, floods, and superstorms. These calamities can strike wherever and whenever, and while there is no preparation for…
Tax facts to know about vacation rentals
Buying property and selling after it’s appreciated is a wealth-building strategy that has been around for centuries. It’s even better if that property can make you money, say through rental income. If you’ve been considering allowing short-term vacation rental contracts…
Have a question about business valuation, tax planning or anything at all?
