Tax Preparation: Social Security Tax 2022
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for […]
Audit Brief: Engage Auditor Now, Start Planning
Going concern disclosures today With the COVID-19 pandemic well into its second year and the start of planning for the […]
FINRA/SEC: Small Broker Dealers Audit Report Extension Filing
On February 12, 2021 the SEC issued an order extending the deadline for filing the annual audit report by 30 […]
Tax Brief: Tax Depreciation Rules for Business Automobiles
If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The […]
Tax Brief: Tax Implications if you own a business…
If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is […]
Branch Office Revisions for Commodity Pools, CTAs, Introducing Brokers,…
NFAs Branch Office requirements requires each CPO, CTA, FCM, RFED, and IB Member to list branch offices. Due to the […]
Audit Brief: Reporting Business-Related T & E Expenses
Many companies have resumed some level of business-related travel and entertainment (T&E) activities — or they plan to do so […]
Tax Brief: Tax Breaks Small Businesses Should Consider
The week of September 13-17 has been declared National Small Business Week by the Small Business Administration. To commemorate the […]
Audit Brief: What Draws the Attention of Auditors
Related-party transactions and financial connections are a normal part of operating a business. But these arrangements have gotten a bad […]