A recent decision by the U.S. Court of Federal Claims in Kwong v. United States, 179 Fed. Cl. 382 (2025),...
Category: Legal
Welcome to the Omega Accounting finance and business strategy blog, your go-to source for news, tips and insights on accounting, finance, and business strategy. Our blog helps financial professionals, accountants, executives and anyone looking to stay up-to-date with financial tax planning, accounting regulations and business news. Read the Omega Accounting blog to stay on top of your game.
Navigating New IRS Changes: Key Updates & Requirements for the R&D Tax Credit
Part I: Changes to IRS Form 6765 On June 21, 2024, the IRS released a new draft version of Form 6765,...
The Impact of the H.R. 7024 Tax Relief Bill on American Businesses
Experience a groundbreaking moment as the Senate embraces the future with the approval of H.R. 7024 – The...
Preparing for an IRS ERC Audit: What You Need to Know for Your Client
As a Certified Public Accountant (CPA), it is crucial to stay informed about the intricacies of tax laws...
Preparing for the Wave of ERC Audits as the IRS Cracks Down
The IRS has announced its plan to audit a large number of Employee Retention Credit (ERC) claims that...
Feeding the Wolves: Building Trust in a Trust
THE CHALLENGES Managing a trust is challenging, to say the least. In fact, managing a trust is just...
Does Your Business Need General Counsel?
WHY BUSINESS OWNERS MUST CONSIDER GENERAL LEGAL COUNSEL Your company is GROWING. Revenue looks good,...






