The One Big Beautiful Bill Act is mostly very good news for businesses. But the sweeping bill also includes several provisions that will increase the tax bills of some businesses, including the repeal of some popular tax breaks. Excess Business Losses of Noncorporate Taxpayers The OBBBA makes permanent the rules that disallow the deduction of "excess [...]
This article was published by the IRS. When a thief steals someone's Social Security number, they can use it to file a fraudulent tax return. This is tax-related identity theft. The IRS scans tax returns for possible fraud. If a tax return is flagged as suspicious, the agency will pull it for more review. Then the [...]
Introducing QuickBooks Commerce. Work smarter by managing your product business with one powerful platform. Commerce is connected to the top e-commerce providers and marketplaces. Getting started is easy. First, connect a store, and your products and stock levels are automatically pulled into Commerce. Manage your product-based business in one place with QuickBooks Commerce. Commerce is connected [...]
There are a multitude of things you can do to damage your credit score. Anything from renting a car to cutting up a credit card has the potential to affect your credit to some degree, depending on your situation. But there are also some areas that surprisingly do not affect your score, despite what is commonly [...]
The following article was published by the IRS. Organizations that want to apply for tax-exempt status under Section 501(c)(3) of the tax code use a Form 1023-series application. Here are some things organizations should know to help them understand the process: The application must be complete. It must also include the user fee. The application process [...]
