On December 7, 2023, the IRS announced Plans for Increased Enforcement and Fairness Efforts with New Funding The IRS recently announced plans to enhance tax enforcement and compliance efforts focused on high-income taxpayers and large corporations. The changes come as the agency received increased funding from the Inflation Reduction Act. The IRS stated that the new efforts will center on boosting[...]
The Origins of "Accounting" and "Accountant" The word "accounting" comes from the Old French "acont" meaning "reckoning" or "payment," which in turn came from the Latin word "computus" meaning "calculation." Similarly, "accountant" comes from the Old French "compter," derived from the Latin "computare," originally written in English as "accomptant." Ancient Accounting Records The earliest known [...]
Dear Valued Client, As we approach the end of 2023, now is the ideal time to explore tax planning moves that can potentially lower your tax bill for this year and position you favorably for next year. As your trusted accounting advisors, we aim to proactively uncover savings opportunities tailored to your financial [...]
Accountants don't always get portrayed accurately in Hollywood films—they tend to be presented as boring numbers people lacking in personality or uniqueness. However, some movies make an attempt to showcase important accounting skills and shine a light on the impact accountants have in various industries and communities. Here are 5 movies that include thought-provoking accounting plot lines [...]
