Data analytics is the science of collecting and analyzing sets of data to develop useful insights, connections and patterns that can lead to...

There is nothing wrong with selling your business on your own, but in order to maximize the benefits of landing the best deal, you might consider working with professionals, such … The post Advantages Of Working With Investment Bankers appeared first on PKF Mueller.

Reading time: 2 minutes 30 seconds Due diligence is a process of evaluating the financial and operational health of a company that is offered for sale or in a merger transaction. The process is structured to assure a potential buyer that the company is a sound investment and to reveal areas where improvements may need … Continued The post Preparing Properly for Due Diligence Can Move Your Deal Ahead first appeared on JLK Rosenberger.

Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ones. This valuable tax deduction can help businesses cut their taxes. However, in order to be deductible, advertising and marketing expenses must be “ordinary and necessary.” As one taxpayer recently learned in U.S. Tax Court, […]

The IRS extended until Oct. 16, 2023, various federal tax filing and payment deadlines for individuals and businesses impacted by severe storms in California and parts of Alabama and Georgia. Among the 2022 calendar-year tax-filing deadlines included in this relief are individual tax returns, typically due on Apr. 15; business tax returns, normally due on […] The post IRS Extends Tax Filing, Payment Deadline for Taxpayers in Three States by Karen A. Lake, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

Beginning with tax year 2021, the IRS required partnerships, S corporations and other pass-through entities with “international tax relevance” to annually prepare new Schedules K-2, Partners’ Distributive Share Items – International, and K-3, Partner’s Share of Income, Deductions, Credits, etc. – International along with their Schedules K and K-1. Today, however, as these entities prepare […] The post Partnerships and S Corporations Face New K-2 and K-3 Filing Requirements by Claribel Velazquez, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.