The IRS: A Puzzle Palace of Codes and Systems
At Pivotal Forensic Accounting and Audits, we understand that navigating the world of taxes can often feel like stepping into a labyrinth. With its complex regulations and intricate systems, the Internal Revenue Service (IRS) is [...]
How Long Will $1 Million Last in Retirement?
The answer depends on several factors, including your retirement age, life expectancy, and the lifestyle you plan to maintain. For some, $1 million might be sufficient for a comfortable retirement, while for others, it may [...]
Did you know we are a destination sales tax state since 2008?
Accuracy Disclaimer: The figures, statistics, and percentages presented in this article are accurate as of June 2024. Should there be any errors or omissions, please notify Pivotal Forensic Accounting and Audits in writing. This article [...]
Substitute House Bill 1570 – new pilot program for transportation network company drivers
Corporate Transparency Act: Beneficial Ownership Interest (BOI) Reporting Update Paid Leave Rulemaking - Notice of adopted rules for Paid Family and Medical Leave On May 24, 2024, the department filed a CR-103 creating a new chapter [...]
Corporate Transparency Act: Beneficial Ownership Interest (BOI) Reporting Update
March 1, 2024: A significant ruling emerged from the U.S. District Court for the District of Alabama. The court declared the Corporate Transparency Act (CTA) unconstitutional in the case of “National Small Business Association v. [...]
Maximizing Tax Benefits: Navigating Reasonable Compensation and Section 199A for S-Corporations
In the dynamic realm of business taxation, S-Corporations offer a strategic advantage for entrepreneurs. However, to fully harness the benefits of S-Corp status, it's crucial to grasp concepts like reasonable compensation and Section 199A. Let's [...]
