174 Update – Notice 2024-12 & Rev Proc 2024-9 Brian Coddington January 5, 2024 174 UPDATE – NOTICE 2024-12 & REV PROC 2024-9 On December 22nd, 2023, the Service released both Notice 2024-12 and
A CPA’s Basic Guide to SALT Requirements Benjamin Kluwgant January 22, 2024 State and local taxes affect every business in Illinois in one way or another. To ensure their clients remain tax
LIFO vs. FIFO: Choosing the Right Inventory Identification Method Karen Koch, CPA, MT March 4, 2024 Inventory identification is a crucial aspect of managing a company’s finances. It impacts your cost of goods sold (COGS), profitability,
