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How to Transition Your Business from Brick and Mortar to a Profitable Online Store

Restrictions due to COVID-19 Virus and the rise of e-commerce has forced many small business owners to close their brick and mortar stores and sell online. If you know what it takes for an online store to be profitable, you can keep existing clients and attract new ones. As accountants, we have assisted many client transitions to an Online E-Commerce store. We will share with you our seven-step approach to help you transition from a physical store to a profitable online store.

Congress Probes Tax Prep Fraud and Identity Theft

The House Judiciary Committee’s Crime Subcommittee held a hearing Thursday on the growing problem of identity theft and Tax Prep fraud. “The number of these Tax Prep thefts has increased by approximately 300 percent every year since 2008,” said Judiciary Committee Chairman Lamar Smith, R-Texas. “The Internal Revenue Service detected almost 1 million fake returns among the …

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