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Important Information for S-Corp Shareholders and Partners of a Partnership
There is an important issue related to filing the 2022 S-corporation (Form 1120-S) and partnership (Form 1065) tax returns that requires the cooperation of the shareholders and partners.

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What Is Business Cash Flow?
As the name suggests, cash flow is a term used to describe the money coming into and out of a business. 

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IRS Finds a Cure for the Family Glitch
Backgound: The Affordable Care Act (ACA) – also referred to as Obamacare) was enacted over 12 years ago, and one of its main features was the creation of government marketplaces (sometimes called exchanges) where Americans could purchase their health insurance if not covered by an affordable employer’s plan. Also included in the ACA was a new tax credit, the Premium Tax Credit (PTC), that could be used to offset some or all of the premiums for policies obtained through the marketplace.

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Huge Increase in Scam Texts – Don’t Be a Victim
Taxpayers should be aware of the recent increase in IRS-themed texting scams aimed at stealing personal and financial information. In the last few months, the IRS reports that “smishing” has reached an industrial scale and multiple large-scale smishing campaigns have delivered hundreds of thousands of IRS-themed messages in hours or a few days, far exceeding previous levels of activity.

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5 QuickBooks Online Tasks You Should Do Before January 1
It’s probably your busiest month of the year. But there are things you can do to make your return from the holidays less stressful.

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