Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants
Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants

Dimitri Yimga

Dimitri Yimga

Blog by Dimitri Yimga

On-time financial reporting is key in times of crisis
Who cares if your financial statements are late? Lenders and investors are looking for reassurance that you’re doing OK in today’s unprecedented conditions. Procrastination may cause them to presume the worst.
21.09.20 10:24 AM - Comment(s)
Businesses: Get ready for the new Form 1099-NEC
A tax form that used to be filed back in the 1980s is coming back for 2020. Here’s what businesses need to know.
10.09.20 10:49 AM - Comment(s)
Levels of assurance: Choosing the right option for your business today
Compilation, review or audit? Here are some important factors to consider when evaluating whether your company’s current level of assurance is the best option for today’s uncertain conditions.
09.09.20 11:49 AM - Comment(s)
Homebuyers: Can you deduct seller-paid points?
In most cases, points a buyer pays in a home sale are a tax deductible interest expense. But what about seller-paid points?
08.09.20 09:35 AM - Comment(s)
Should your nonprofit accept that new grant?
Government or foundation grants can help your nonprofit expand its reach and improve its effectiveness. But they also may hamstring your organization in several unexpected ways.
02.09.20 01:19 PM - Comment(s)
Will You Have to Pay Tax on Your Social Security Benefits? 
After paying into Social Security for all your working years, you may be surprised to learn that the benefits may be taxed in retirement. Here are the rules.
31.08.20 10:50 AM - Comment(s)
What happens if an individual cant pay taxes 
Tax liabilities don’t go away if left unaddressed. Here’s a look at what happens in the event you (or someone you know) can’t pay taxes on time.
24.08.20 11:58 AM - Comment(s)
3 steps to stress test your business
Under stress? Here’s how you can help spot vulnerabilities and prevent your business from being blindsided in times of crisis.
19.08.20 11:27 AM - Comment(s)
More parents may owe nanny tax this year, due to COVID-19
Do you have a nanny, housekeeper or other household worker? If you pay him or her cash wages of $2,200 in 2020, you must withhold and pay Social Security and Medicare taxes. Learn about this and other tax obligations for household workers.
11.08.20 11:12 AM - Comment(s)
Some people are required to return Economic Impact Payments that were sent erroneously
Millions of people have already received their Economic Impact Payments, which are being sent by the government to help mitigate the effects of #COVID-19. In some cases, the payments should be returned.
05.08.20 10:30 AM - Comment(s)