Each year, the Internal Revenue Service publishes its annual Dirty Dozen list of tax scams highlighting various schemes that put taxpayers and their financial well-being at risk. In this video, we’ll provide an overview of five of the top scams on the list.
Posts By: Isler CPA
Failing to properly fund a living trust is one of the most common errors people make and can lead to unintended consequences and added costs for both the individual and their beneficiaries. In this video, we’ll provide an overview of how to properly fund a living trust.
Now that Research & Experimentation expenses must be amortized over several years, many companies are looking for ways to increase deductions and reduce taxable income. Here are three opportunities to potentially accelerate depreciation and reduce your tax liability.
The US federal government imposes taxes on the transfer of assets when an individual passes away. The current federal estate tax exemption is $12.06 million in 2022 (it was $11.7…
Many economists are predicting that the US economy will experience a downturn, if not a recession, in 2023. A downturn can lead to job loss, reduced income, and financial insecurity. While it’s impossible to predict the future with certainty, there are steps you can take to protect your finances during a downturn.
Many business owners want to incentivize and reward employees by tying their compensation to the company’s performance. One way to do this is through stock options, but using stock appreciation rights might be a better solution.
The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update for Leases (Topic 842). The update addresses related-party arrangements between entities under common control. This video provides an overview of the proposed changes.
Isler CPA is committed to timely completion of tax filings throughout the year. In order to meet these standards, we ask our clients to provide documentation and workpapers to us…
Isler CPA is committed to timely completion of tax filings throughout the year. In order to meet these standards, we ask our clients to provide documentation and workpapers to us…
Thanks to the cloud and automation, outsourcing has never been a more viable option than it is today. Quite often, outsourcing can be more efficient and less expensive than hiring dedicated staff. In this video, we’ll cover the benefits of outsourcing your accounting.