Business

Tax policy has emerged as a central topic in the 2024 US presidential election because it directly affects the financial well-being of individuals, businesses, and the overall economy. It not only determines…

What are your business objectives for the year? Many entrepreneurs are focused on profitability and perhaps a revenue target. While these goals are critical, there’s another objective that could provide…

Intuit has made a decision that after Sept. 30, 2024, it will no longer sell new subscriptions to U.S. subscribers of the following products: Existing subscribers are not impacted by this change. Existing QuickBooks…

The Internal Revenue Service (IRS) has announced new measures to support small businesses and prevent improper payments under the Employee Retention Credit (ERC) program. These actions include accelerating…

The Internal Revenue Service announced tax relief for individuals and businesses in five states affected by Hurricane Debby. Affected taxpayers in South Carolina, North Carolina, Florida, Georgia, and…

If you’re aiming to build a valuable company, one of the most critical steps is ensuring your business can run smoothly without your constant involvement. While this journey might seem overwhelming, there…

On July 1st, the IRS’s final regulations on clean vehicle credits and the transfer of eligible credits took effect and Haefele Flanagan is available to help you take full advantage of these tax incentives…

You know gross margin impacts your profit, but have you considered its effect on your company’s value? When evaluating your company’s value, acquirers and investors often scrutinize your gross profit…

In a unanimous decision issued on June 6, 2024, Justice Thomas ruled in favor of the Internal Revenue Service (IRS) on Estate of Connelly v. United States. The ruling held that life insurance proceeds…

The IRS has announced that most of the remaining Employee Retention Credit (ERC) claims are likely fraudulent or erroneous, leading to the impending denial of tens of thousands of these claims. The ERC…