All Posts

In a significant legislative move, House Ways and Means Committee Chairman Jason Smith has pledged to deliver a comprehensive tax reform...

In early 2025, the Internal Revenue Service (IRS) initiated significant workforce reductions as part of a broader federal cost-cutting...

Walgreens was founded in 1901  by Charles R. Walgreen Sr. in Chicago, Illinois . The company quickly grew from a single drugstore to a...

Carried interest is a share of the profits that investment managers, particularly those in private equity and hedge funds, receive as...

In a significant move affecting the cryptocurrency industry, the U.S. Senate recently voted to overturn an IRS regulation targeting...

​The Corporate Transparency Act (CTA) , enacted in 2021, mandates that businesses disclose their beneficial ownership information to the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN). This legislation aims to combat illicit financial activities by increasing corporate transparency.​ However, as of March 2, 2025, the Treasury Department announced a significant shift in its enforcement policy regarding the CTA. The department stated that it wi

The March 15, 2025  tax deadline is quickly approaching for partnerships  and S corporations . This is one of the most important tax...

The Applicable Federal Rate (AFR)  is a set of interest rates published monthly by the Internal Revenue Service (IRS) . These rates are...

In a significant development within the luxury fashion industry, Prada SpA  is reportedly nearing an agreement to acquire Versace  from...

In a groundbreaking move, KPMG LLP  has launched KPMG Law US   in Arizona , becoming the first of the Big Four accounting firms to offer...

The Internal Revenue Service (IRS) is undergoing significant leadership transitions during a pivotal period for the agency. Acting...

On February 21, 2025, Assembly Member Jacqui Irwin introduced Assembly Bill 1175 (AB 1175)  in the California Legislature . This bill...

As we approach March 15, 2025 , it's crucial for partnerships  and S corporations  to prepare for their annual tax filing obligations....

At Bizora, we are committed to providing tax professionals, CPAs, and business owners with the most reliable and efficient tools  to...

The accounting profession is undergoing significant transformations, particularly concerning Certified Public Accountant (CPA) licensure...

Staying informed about tax policy changes is crucial for business owners to navigate financial planning and compliance effectively....

The Internal Revenue Service (IRS)  has released updated depreciation limits for passenger automobiles placed in service during the 2025...

Managing payroll taxes is a critical responsibility for businesses of all sizes. Failing to file payroll taxes on time or making errors...

Earning income in multiple states can create complex tax obligations for individuals, remote workers, and businesses . Whether you're a...

As we move through the 2025 tax season , businesses and individuals must stay on top of critical deadlines to avoid penalties and ensure...