During this time of unprecedented uncertainty, we are concerned about the safety and well-being of our families, colleagues, clients, partners, and the many friends who make up MahoneySabol’s vibrant family. Therefore, we have compiled a complete summary of IRS action already taken and federal tax legislation enacted to ease tax compliance burdens and economic pain […]

Without doubt, technology has profoundly changed how business works. Its influence is everywhere, from smart homes to business operations, and the next decade will only continue to add new ways technology is used. To remain profitable and competitive this decade, businesses will have to be prepared to make the changes needed to meet their consumers’ […]

If you have a small business or are self-employed, and have engaged in certain financial transactions during the calendar year, you are most likely required to file an information return to the IRS. Below are some of the transactions that you are required to report. Services performed by independent contractors, meaning those that are not […]