The Brilliant Blog

Business news, tax policy updates, pro accounting tips, tutorials for QuickBooks, software reviews, & more.
Education Planning, Tax

Education Credits are for Children? Think Again!

Credits for education are not just for sending your children to college. You, your spouse, and your dependents are also...

Tax, Tips

Tax Benefits for Holiday Gifts

There may be tax benefits when you give holiday gifts to family members, employees, and others may yield tax benefits....

Tax

July 2021 Due Dates

Important due dates for businesses and individuals coming up in July 2021.

Tax

The IRS Backlog Is Causing Taxpayer Heartburn

Prior to COVID-19, the IRS issued refunds quickly and answered questions in a timely manner. However, COVID-19 caused an array...

Tax

Tax Information Reporting Requirement for Cryptocurrency Added by

Read about these new rules that will apply to digital asset transactions in 2023. The first crypto tax forms will...

Tax

The IRS May be Getting a Massive Budget Increase. Will It Impact the Audit

Learn more about the proposed major budget increase to the IRS and how it could affect you:

Business

Using MRR and ARR to Monitor and Forecast SaaS Subscription Revenue

Learn how to calculate and use MRR and ARR for monitoring and forecasting SaaS subscription revenues.

Tax

What Is Tax Basis and Why Is It So Important?

Learn how the basis of an asset is used to calculate tax deductions for depreciation, casualties, and depletion, as well...

Tax, Tips

Do You Need a New IRS Identity Verification?

Here’s what you need to do to get a new IRS identity verification: