Opportunity Zones

   INSIGHTS Opportunity Zones by Leslie Hill, CPA June 2, 2022 The 2017 Tax Cuts and Jobs Act created a new initiative, referred to as Opportunity Zones, to motivate private investment in underdeveloped and economically distressed areas across the United States. This...

Smile! New IRS identity verification process requires a selfie

   INSIGHTS ||Title|| by RSM US LLP ||RSMArticle|| Let's Talk!Call us at (800) 447-0177 or fill out the form below and we'll contact you to discuss your specific situation. "form_2515821313" method="post" name="form_2515821313" Contact Us Topic Name: Should be Empty:...
Understanding Schedule A on the Nonprofit Form 990

Understanding Schedule A on the Nonprofit Form 990

   INSIGHTS Understanding Schedule A on the Nonprofit Form 990 by Jennifer Kirk, CPA January 24, 2022 The Form 990 is often accompanied with several schedules for filing with the Internal Revenue Service (IRS). The purpose of the schedules is to provide additional...
Understanding Schedule A on the Nonprofit Form 990

Key Facts About 1099-MISC and 1099-NEC

   INSIGHTS Key Facts About 1099-MISC and 1099-NEC by Reanna Graves January 19, 2022 Who Must File Forms 1099-MISC and 1099-NEC?Corporations, partnerships, individuals, estates and trusts that receive services from vendors that meet stated threshold amounts during a...