Retail & Distribution Industry
Experienced Accountants for Retail & Distribution
Our long-standing and continued service to clients in the retail and distribution industry allows us to comprehend the industry’s specific trends and challenges. We get to know our clients on a personal level and seek to understand what they face each day, locating exactly how we can assist to improve and grow their business. And we want to do more than just alleviate your tax or bookkeeping concerns; we also seek to develop a distinct business plan that will help you evolve in today’s rapidly shifting economic climate.
President Biden’s “Build Back Better” policy initiative, which targets economic recovery, includes a $1.8 trillion American Families Plan (AFP) and a $2.3 trillion American Jobs Plan. The administration plans to fund both initiatives through a Made in America Tax Plan. Below is an overview of what’s included in this far-reaching tax overhaul.
The IRS uses a computer program called the Discriminant Function System (DIF) to analyze tax returns and red flag them if they deviate from statistical averages. When a return draws a high DIF score, an agent evaluates it and decides if an audit is necessary. Your...
The COVID-19 pandemic altered the way Americans shop. It also affected the way retail businesses reach customers and position their businesses for growth and prosperity. Looking forward, some of these changes are likely to stick around. Here are the trends small...