by groupm7 | Mar 23, 2026 | Uncategorized
Effective December 24, 2025, the United States Postal Service has implemented changes that may affect the postmark date, and that date may now be later than the date an item is dropped in the mail. Because tax deadlines are based on the postmark date, mailing close to...
by groupm7 | May 23, 2025 | Uncategorized
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 13, 2025 | Uncategorized
Even well-run companies experience down years. The federal tax code may allow a bright strategy to lighten the impact. Certain losses, within limits, may be used to reduce taxable income in later years. Who qualifies? The net operating loss (NOL) deduction levels the...
by groupm7 | May 13, 2025 | Uncategorized
For many businesses, accounts receivable (AR) are more than just a line item on the balance sheet. This account provides a key indicator of potential cash flow, customer relationships and overall financial health. So proactive AR management is critical. The AR aging...