Are you surprised that your tax bill jumped because of a 1099-K? It’s happening a lot with the new rules. If you sell online or freelance and get paid digitally, you might see one of these forms and errors happen. Knowing how to fix them makes tax time way less Read more…
Let’s face it, you’re constantly juggling a million things as a business owner. Imagine getting some time back, leaning on experts and maybe even cutting costs. Loads of businesses are going this route. You’re probably looking into making your financial stuff smoother, maybe sorting out outsourced accounts payable or finding Read more…
What if we tell you that accounting isn’t just about numbers? It’s actually about understanding your client’s world, wherever that world may be. In this vast economy, businesses need financial partners who can think both globally and locally. Basically, they need Glocal Accounting Services. Even if you’re a startup growing Read more…
Financial accounting advisory services play a very crucial role when it comes to handling a business. So, the actual question that comes up is, what does financial accounting advisory services mean? These services are meant for businesses to handle their financial difficulties and workflow processes for accounting and help to Read more…
Massive budget cuts under the Department of Government Efficiency in early 2025 led to the IRS losing a third of its staff and this is seriously messing things up. They’re struggling to meet tax return deadlines, customer service is terrible with crazy long hold times and some people are waiting Read more…
These days, things are changing fast in business and thus, keeping a handle on finances and staying profitable is super important. Sometimes, in-house accounting teams get swamped and might not have all the tools, know-how or tech they need to deal with today’s tricky finance stuff. That’s why a lot Read more…
Curious where your paycheck disappears to? Those deductions are confusing, right? It is super important to know the difference between pre-tax and post-tax deductions. This blog explains it in plain language, so you see how they affect your taxes and savings. Moreover, we’ve got some tips and examples to help Read more…
The Trump administration’s recent hefty tariffs, hitting up to 26% on certain Indian goods, have really shaken things up for Indian businesses and the government. Sure, it’s messed with the trade flow between India and the US, but it’s also got people looking for any silver linings. These tariffs have Read more…
It is becoming increasingly tough for businesses to penetrate through the constantly changing sales tax rules as transactions cross multiple jurisdictions. The processes and systems implemented by a business to accurately collect, report and file these taxes as regulated by the local, state or international laws are referred to as Read more…
The adoption of artificial intelligence (AI) in finance has revolutionized how accounting firms handle accounts payable (AP), creating opportunities for increased accuracy, compliance, and efficiency. In the United States, where accounting firms adhere to strict standards under Generally Accepted Accounting Principles (GAAP) and often serve clients dealing with International Financial Read more…