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All About Construction & Real Estate (4)

Uncovering a Phantom Workforce: the Dangers and Prevention of Ghost Employees

Payroll theft comes in all shapes and sizes and often lies hidden below the surface. Fraudsters who perpetrate ghost employee schemes use the shadow of another employee to cover their tracks. One of the best ways to prevent payroll theft is to understand...
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IRS Halts Processing of New Employee Retention Credit Claims

The IRS announced a moratorium on the popular Employee Retention Credit through at least the end of 2023. Here’s what you need to know about the moratorium.
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Your Business May Need to Comply With New Corporate Transparency Act

A court order temporarily stopped the enforcement of Business Ownership Information (BOI) reporting requirements for businesses. Read more here and watch for updates. There’s a new law that should be on the radar screen of most small- and...
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Tax Credits for New Electric Vehicles Purchased In 2023

If you’re one of the half million Americans who purchased an electric vehicle so far in 2023, you might be eligible for a tax credit.
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Navigating Tax Issues Related to Short-Term Rentals

Short-term rentals are all the rage in real estate investing. With droves of vacationers and business travelers using Airbnb and VRBO to seek out homey, comfortable spaces that hotels don’t offer, short-term rentals can be an outstanding real estate...
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FASB Issues Guidance On How to Account for Related Party Leases

There’s new guidance for businesses and nonprofits that are subject to the relatively new lease accounting standard.
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