by groupm7 | May 23, 2025 | Featured, News
Congratulations to Our 2024–2025 Master’s Graduates! Let’s give a big round of applause to our 2024–2025 graduates earning their Master of Accountancy degrees! We’re so proud of their hard work and dedication. Master of Accountancy: Baileigh Barrera Maxine DePalma...
by groupm7 | May 23, 2025 | Featured
Now that the April 15 filing deadline is past, it’s easy to turn your attention to more interesting and exciting things – like that long-awaited summer vacation! But for many people, April 15 was just the time to request an extension of the filing deadline, and the...
by groupm7 | May 23, 2025 | Featured
by groupm7 | May 19, 2025 | Blog
The month-end close is a pain point for many small to midsize businesses. While internal accounting teams often aim to wrap up the close within three days, a recent survey found that half the respondents actually take six days or longer to close the books. What can...
by groupm7 | May 19, 2025 | Blog
For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An individual taxpayer can generally deduct PALs only to the extent of passive income from other sources, if any. For example, if you have positive...
