by GruffyGoat Team | Dec 30, 2014 | Uncategorized
IRS Commissioner John Koskinen is giving us fair warning: budget cuts eliminating IRS resources are going to mean long hold times if you need to call during the 2015 tax season. He told CPAs at an annual AICPA conference, “Phone service could plummet to...
by GruffyGoat Team | Dec 22, 2014 | Uncategorized
If you’re thinking about creating a crowdfunding campaign, you probably have some questions. Like what platform to use, how long your video should be, how long the campaign should stay open, and how many reward levels you should offer. To answer some of these...
by GruffyGoat Team | Dec 18, 2014 | Uncategorized
With only 15 days left in 2014, the Senate finally passed the bill that the House approved earlier this month, retroactively extending over 50 expired tax provisions through 2014. The bill, known as the Tax Increase Prevention Act of 2014, temporarily extends...
by GruffyGoat Team | Dec 17, 2014 | Uncategorized
States are getting creative in how they hold companies accountable for the taxes they owe. A new tax enforcement tool that’s being used by New York state against Sprint Nextel Corp. is the qui tam action. As The AICPA explains, qui tam is short...
by GruffyGoat Team | Dec 15, 2014 | Uncategorized
Gone are the days when small businesses and startups could get bank funding relatively easily. Even though we’re six years beyond the 2008 financial crisis, banks are still less willing to provide loans. In today’s environment, small business and startups...