Labor Market Remains Resilient

Labor Market Remains Resilient

Although the Federal Reserve has attempted to slow the economy to get a handle on inflation, the unemployment rate actually declined in September. It was forecasted that the unemployment rate would be 3.7%, however, for the month of September, it was 3.5%.  The...
IRS Appeals Revises Initial Contact Letters

IRS Appeals Revises Initial Contact Letters

After receiving feedback from taxpayers and practitioners, the IRS Independent Office of Appeals has made updates to their initial contact letters. Previous contact letters that were received were difficult for taxpayers to understand. Therefore the IRS’ goal with...
Why You Might Want a DBA For Your Business

Why You Might Want a DBA For Your Business

As a business owner, there are a lot of important decisions you must make as you startyour company. One of these decisions includes if you want to file for a DBA, whichstands for “Doing Business As”.Essentially, a DBA is known as an alias, a trade, fictitious, or...
The Dangers of Bootstrapping

The Dangers of Bootstrapping

Many entrepreneurs dream of self-funding their business without having to use investors or bank loans. Entrepreneurs tend to buy into the allure that they should be the next bootstrapped billionaire, however, they don’t consider the potential financial risks. ...
Inflation and Sales Tax Relief

Inflation and Sales Tax Relief

In 2018, the Supreme Court ruled in South Dakota v. Wayfair that states can mandate remote sellers, or those without a physical presence in a state, to collect sales tax from their residents. After the Supreme Court’s decision, some states decided to pass new legal...

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