Category: Tax

2021 CPA Exam Changes — and What They Mean for the Accounting Profession

In July 2021, the CPA Exam will change to reflect the new, technology-focused reality of the profession. The exam will test more on concepts like IT

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IRS postpones April 15 deadline

The IRS announced on Wednesday that it is postponing the deadline for all individual tax returns. Returns otherwise due April 15 will not have to be

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Some individual taxpayers get relief from underpayment penalty

Read the full article here: https://www.journalofaccountancy.com/news/2021/jan/some-taxpayers-get-underpayment-penalty-relief.html

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Your 2021 New Year’s Resolutions: Accelerate with Crescent

As we accelerate into 2021, leaving 2020 in the rearview, Crescent is ready to drive success. Whether you need a new pit crew, system calibrations, o

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Should You File for PPP Loan Forgiveness Now, or Wait Until Later?

Earlier in the year, we offered some advice on applying for PPP loans as part of the CARES Act. Now, many of our clients and friends have completed t

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Top 15 Small Business and Startup Accounting Tips

Many of Crescent's friends know us as a Technology firm that specializes in ERP implementations and upgrades. We have an entire practice dedicated to

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5 Unexpected (and Painless) Ways to Cut Expenses

REPRINTED IN ITS ENTIRETY FROM OUR FRIENDS AT THE BRAINYARD: https://www.netsuite.com/portal/business-benchmark-brainyard/industries/articles/cfo-

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