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The IRS is Auditing Fewer Returns than Ever

Author Archives: Service2Client

The IRS is Auditing Fewer Returns than Ever

🖨 Print⏱ 3 min readOne of the perennial fears of taxpayers is getting audited by the IRS. Financially, few scenarios strike such fear into the heart of taxpayers. However, taxpayers can probably breathe a sigh of relief – at least … Continue reading

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Measuring the Margins

🖨 Print⏱ 5 min readCorporate profits, according to the Bureau of Economic Analysis, grew by $20.4 billion in the final quarter of 2021, a 0.7 percent increase. For the first quarter of 2022, corporate profits fell by 2.3 percent or … Continue reading

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Big Data Storage: What You Need to Know

🖨 Print⏱ 4 min readToday, businesses have to grapple with vast amounts of data from different sources, including emails, mailing lists, customer orders, system logs, mobile apps, social media networks, etc. This data is crucial to businesses in various ways. … Continue reading

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Tips to Save on A/C This Summer

🖨 Print⏱ 3 min readYou love summer, don’t you? School’s out, and BBQs are on. But what you probably don’t love are those higher air conditioning bills. Here are some tried-and-true ways to help lower the cost of keeping cool. … Continue reading

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How Social Security Benefits Are Affected by Earned Income

🖨 Print⏱ 4 min readThanks to the Great Resignation trend over the past year, there is a high availability of jobs. Therefore, now is a good time for retirees who would like to go back to work to ease into … Continue reading

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Tax Break for Commercial Real Estate Investors

🖨 Print⏱ 3 min readCOVID-19 impacted the economy dramatically and commercial real estate was no exception in terms of decreased values. Often, the real property could no longer service the debt used to finance it. This debt restructuring and resulting … Continue reading

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How to Calculate the Cash Conversion Cycle

🖨 Print⏱ 4 min readThe Cash Conversion Cycle, also known as the Net Operating Cycle, answers the question, “How many days does it take a company to pay for and generate cash from the sales of its inventory?” However, before … Continue reading

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