cash payments

Does your business receive large amounts of cash or cash equivalents? You may be required to submit forms to the IRS to…

are scholarships taxable or tax free

COVID-19 is changing the landscape for many schools this fall. But many children and young adults are going back, even if it’s…

claiming income as a business partner

If you’re a partner in a business, you may have come across a situation that gave you pause. In a given year,…

IRS announces Coronavirus relief

A Message About Operations                                                                                    July 24, 2020 During this time, Laciak>cpa is pleased to offer a variety of remote…

property inheritance

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes.

bartering is taxable

During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods and services…