Not only does October bring cooler temps and fall colors, but it’s also National Cybersecurity Awareness Month (NCSAM), which is a collaborative effort between the Cybersecurity and Infrastructure Security Agency (CISA) and its public and private partners—including the National Cyber…
Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused about how they work and how to report transactions on their federal tax returns. And the IRS just announced that…
The IRS has released final regulations and another round of proposed regs for the first-year 100% bonus depreciation deduction. The Tax Cuts and Jobs Act (TCJA) expanded the deduction to 100% if the qualified property is placed in service through…
With over 100 million members, it's surprising internet criminals haven't targeted this ever-expanding group sooner. Amazon Prime members are now being targeted and cyber criminals are trying to trick them into handing over their account credentials, personal information, and financial…
Working from home has its perks. Not only can you skip the commute, but you also might be eligible to deduct home office expenses on your tax return. Deductions for these expenses can save you a bundle if you meet…
The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. Your business can use the same guides to gain insight into what the IRS is looking for in terms of compliance with tax laws and…
We all know the cost of college is expensive. The latest figures from the College Board show that the average annual cost of tuition and fees was $10,230 for in-state students at public four-year universities — and $35,830 for students…
There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall to businesses, enabling them to claim immediate deductions for qualified assets, instead of taking depreciation deductions over time. And it…
With disaster comes opportunities for cybercriminals. The Cybersecurity and Infrastructure Security Agency (CISA) is warning users to stay on guard for malicious cyber activity targeting Hurricane Dorian disaster victims and potential donors. Cybercriminals take advantage of natural disasters to solicit…
You don’t think a cybersecurity incident will happen to you until it does! September is National Preparedness Month, a reminder to families and businesses to take time to look at disaster and emergency planning. This year’s theme is Be Prepared,…