Understanding Forms K-2 / K-3 For Tax Years 2021 & 2022
The IRS has drafted new K-2, K-3 instructions - here is what you need to know.
Round Up Donations Offer Tax Deductions for Consumers
Before you say “yes,” to a checkout donation, it’s important to understand how to handle these donations from a tax perspective.
Getting Back to Basics: Debits and Credits
Understanding your debits and credits is crucial to ensuring that your balance sheet, income statement, and other financial documents are accurate.
How Will Biden’s New Tax Legislation Affect YOUR Finances?
The Inflation Reduction Act was signed into law by President Biden on August 16, 2022. This act is a huge, $750 billion bill that includes provisions to deal with climate change, health care and [...]
Time is Running Out for Emergency Rental Assistance Program (New Hampshire)
Since the launch of the New Hampshire Emergency Rental Assistance program in March of 2021, more than $200 million has been expended – assisting more than 20,000 households. The program remains [...]
Checklists Ease the Burden of Tax Season
Want to make tax season less stressful? Knowing these helpful hints may help when it's time to start the process again next year.
Rising Inflation Impact on Economy
Inflation has long been an ongoing benchmark for measuring the U.S. economy. From June 2021 to 2022, the inflation rate reached 9.1%, which is the highest the country has seen since November of [...]
FASB ASU 2021-10: Government Assistance (Topic 832)
In November 2021, FASB issued ASU 2010-10, Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance. The new accounting standard was released to increase [...]
What I’ve Learned in My First Year
Reflecting on the valuable lessons learned during the first year of a brand new career.
