Protecting Your Finances in the New Year: IRS Exposes Top Tax Scams of 2023



Would you have caught the red flags? Or would you have clicked the link in this phishing email? Learn more about the IRS’s annual Dirty Dozen list and what you need to know to avoid scams this tax season.



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Key 2024 inflation-adjusted tax parameters for small businesses and their owners



The IRS recently announced various inflation-adjusted federal income tax amounts. Here’s a rundown of the amounts that are most likely to affect small businesses and their owners.



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Navigating the Wave of Fraud: A Guide to Protecting Your Restaurant’s Back Office



In the fast-paced restaurant industry, transactions are increasingly automated and the risk of fraud aimed at back-office operations is on the rise. As technology evolves, so do the tactics of cybercriminals. Safeguarding transactions and educating employees about the threat landscape is more important than ever before.



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The standard business mileage rate will be going up slightly in 2024



The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per mile in 2024. The IRS recently announced that the cents-per-mile rate for the business use of a car, van, pickup or panel truck will be 67 cents (up from 65.5 cents for 2023) Learn more in the article below.

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Corporate Transparency Act: What You Need to Know



The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), has implemented new reporting requirements for beneficial ownership information (BOI) as a result of the Corporate Transparency Act passed by Congress in 2021. This legislation aims to enhance the transparency of corporate structures, making it more challenging for individuals with illicit intentions to conceal or profit from their gains through entities like shell companies.

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