CISA MAKES OCTOBER CYBERSECURITY MONTH TO IMPROVE AWARENESS OF AN IMPORTANT FACTOR
The Cybersecurity and Infrastructure Security Agency (CISA) started Cybersecurity month in October 2022. This month is meant to help people of the United States to learn the significance of cybersecurity within the private and public sectors. In addition to improving the overall awareness of cybersecurity, CISA also plans to help equip people with the resources […]
HELP US ENABLE YOU TO MANAGE YOUR COMPANY’S CRYPTO ASSETS RESPONSIBLY
While crypto is still not widely accepted as a form of payment, some businesses in the United States accept it. For those businesses, it’s imperative to know what constitutes virtual assets for reporting and tax purposes. This way, you can ensure that your business stays on top of its financial responsibilities to the government. What […]
IS YOUR AUDITING FIRM DOING ITS BEST? NEW QUALITY STANDARDS ARE IN
The American Institute of Certified Public Accountants (AICPA) has released revised quality management (QM) standards for auditing firms. What could that mean for your business? You must ensure that your outsourced auditing firm complies with the new rules. The firm can maintain high quality with its work and minimize risk to your business by following […]
HELP US MAKE YOUR BUSINESS’S TAX WORK AS SIMPLE AND TRANSPARENT AS POSSIBLE
Your business may be interested in a potential revision of the income tax disclosure rules by the Financial Accounting Standards Board (FASB). The Leventhal School of Accounting of the University of Southern California hosted the 40th Annual SEC and Financial Reporting Institute Conference on June 2, 2022. A conference panel discussed the complexity of managing […]
HELP US EMPOWER YOUR BUSINESS TO RUN LIKE CLOCKWORK
We see that you want to get your business’s affairs in order. Managing the finances, taxes, and technical factors regarding your cybersecurity can be a challenging task. Working with our company, Integrity Accounting Solutions Inc. (IAS), can help us empower your business to make this process smooth. What can a full-service accounting company offer? A […]
HOW TO PLAN FOR TAXES WHEN RETIRING ABROAD
Are you getting close to retirement age and trying to figure out where you should go to make your money last as long as possible? Consider retiring to a foreign country. However, before settling on a retirement country, it’s vital to consider the tax ramifications, since not all countries provide the same advantages. Income Taxes […]
CHOICES FOR SMALL COMPANIES’ RETIREMENT PLANS
Half of all Americans who work in the private sector are employed by small firms, according to the US Small Business Administration. However, most small firms do not provide their employees with retirement savings opportunities. Like many U.S. small business owners, you may be thinking about your company’s retirement plan alternatives. Increasingly, retirement funds come […]
REIMBURSEMENT PLANS FOR SMALL COMPANIES’ HEALTH CARE COSTS
Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) are a tax-free way for small companies without group health plans to help their workers pay for medical expenditures, such as the premiums for health insurance. Learn more about QSEHRAs and what they may offer your small company here. Background Qualified small employer health reimbursement arrangements (QSEHRAs) were […]
INFLATION REDUCTION ACT OF 2022 KEY TAX PROVISIONS
The Inflation Reduction Act (IRA), which was signed into law on August 16, 2022, has tax policies impacting corporations, people, the clean-energy sector, and the healthcare industry, among others. Let’s have a look: Businesses Sec. 461(l) Business Loss Limitation. Tax reform introduced the pass-through tax deduction for small business owners (sole proprietorships, certain limited liability […]
PUT YOUR CHILD’S SUMMER EARNINGS TO WORK WITH A ROTH IRA
This year, there are a lot of jobs for teens, so now is a great time to think about opening a Roth IRA for your minor child. What you need to know is listed below. What is an IRA Roth? A Roth IRA is a type of IRA that lets you put money into it […]
