The Edge
- Supreme Court Rules on Nationwide Injunction on BOI ReportingOn Thursday January 23, 2025, the Supreme Court issued a stay on a nationwide injunction that had previously...
- You May Receive a Form 1099-K This Year: What It Means for Your TaxesThe landscape of digital transactions has undergone a significant transformation over the past few decades, prompting the Internal...
- Making Home Improvements? You May Qualify for a Substantial Tax Credit.The Internal Revenue Code Section 25C credit, also known as the Energy Efficient Home Improvement Credit, is a...
- Surprising Tax Impact of Converting Your Traditional IRA to a Roth IRATaxpayers are limited in the annual amount they can contribute to a Roth IRA. The maximum contribution for...
- The QuickBooks Desktop Phase Out: How QuickBooks Online Will Future-Proof Your BusinessAs business owners barrel toward the quarter-century mark of the 21st century, so, too, do the tools we...
- IRS Highlights New Warning Signs for Businesses Regarding the Employee Retention CreditIn the wake of the COVID-19 pandemic, the Employee Retention Credit (ERC) emerged as a vital financial lifeline for businesses....
- Navigating Potential Changes in Capital Gains Tax: What Business Owners and Boomers Need to KnowAs a business owner or a baby boomer planning to sell your business or a significant real estate...
- Gift and Estate Tax PrimerThe tax code places limits on the amounts that individuals can gift to others (as money or property)...
- Maximizing Benefits and Navigating Pitfalls: Understanding the Tax Implications of Inheriting or Receiving a Home as a GiftA frequent question, and a situation where taxpayers often make tax mistakes, is whether it is better to...
- Weather the Storm: How Small Businesses Can Thrive in a Tough Economy FlowThe current American economy is characterized by inflation, rising credit card debt, and the looming threat of a...
- Say Sayonara to Manual Transaction Entry in QuickBooks OnlineDitching manual transaction entry should be your number one priority now that QuickBooks Online streamlines the process of...
- Navigating the R&D Tax Credit Maze: What SMBs Need to Know Amid Legislative UncertaintyThe landscape of tax legislation in the United States has been marked by constant evolution, with changes often...
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What is life like during a person’s first audit season?You’ve heard the myths and stories behind... -
Lewis & Knopf Announces Appointment of Allen “AJ” Gamble to Partner Effective January 1, 2026Lewis & Knopf, CPA, P.C. is pleased to...
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Beware of Social Media Tax Advice: The Risks and ConsequencesIn today's digital age, social media serves...