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A Look at the Nonaccrual Experience Method

  • Post author:Service2Client
  • Post published:October 1, 2025
  • Post category:Accounting News/Blog
  • Post comments:0 Comments

When it comes to running a business, having outstanding invoices that turn into uncollectible receivables or simply bad debt is a fact of life. The Internal Revenue Service (IRS) has…

Continue ReadingA Look at the Nonaccrual Experience Method

Initial Look at the New Tax Form Schedule 1-A: Four Key Deductions for 2025

  • Post author:Service2Client
  • Post published:October 1, 2025
  • Post category:Blog/Tax and Financial News
  • Post comments:0 Comments

The IRS has released draft Schedule 1-A, introducing four new temporary deductions within the One Big Beautiful Bill Act. If you are wondering what the new form looks like and…

Continue ReadingInitial Look at the New Tax Form Schedule 1-A: Four Key Deductions for 2025

Capitalizing Versus Expensing Research and Development

  • Post author:Service2Client
  • Post published:September 1, 2025
  • Post category:Accounting News/Blog
  • Post comments:0 Comments

Based on statistics from the World Bank, the United States government spent 3.59 percent of its 2022 gross domestic product on research and development. While private businesses spend on their…

Continue ReadingCapitalizing Versus Expensing Research and Development
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