Nov 11, 2024 | Firm Updates, News Brief
Medical practices aren’t immune from recurring problems and challenges. Even when the concerns that arise are familiar and seem to have been solved in the past, they can rear their ugly heads again periodically if you’re not vigilant. Issues of time management, cash...
Nov 11, 2024 | Firm Updates, News Brief
In November 2022, artificial intelligence (AI) got a lot of attention with the launch of ChatGPT, a “chatbot” developed by OpenAI. Users can converse with the chatbot in a fairly sophisticated way via questions that steer conversations toward answers of any desired...
Oct 17, 2024 | Firm Updates, Individual Tax, Small Business
As the new year begins, many individuals and businesses are preparing to file their taxes. However, a critical aspect that often goes overlooked is the requirement for organizations to file 1099 forms for payment made to their contractors and other vendors. Failure to...
Sep 26, 2024 | Firm Updates, Small Business
The Corporate Transparency Act (signed into law on January 1, 2021) expanded anti-money laundering laws and created new reporting requirements for certain companies doing business in the US Beginning in 2024, many small businesses are required to report information...
Aug 6, 2024 | Firm Updates, News Brief
Donor-Advised Funds (DAFs) are investment vehicles designed to allow individuals to contribute to the Funds and recognize the contribution as a charitable donation in the year it was made. The funds are then managed by advisors and eventually contributed to charitable...