A Comprehensive Guide to the New Lease Standard ASC 842 February 21, 2024 After much anticipation, the Financial Accounting Standard Board (FASB) leasing standard (ASC 842) went into … Read More
Infrastructure Bill Passed Ends Employee Retention Tax Credit February 19, 2024 The much-debated Infrastructure Investment and Jobs Act, approved by the Senate in August, was passed … Read More
How New DOL Rules Impact Employee vs. Independent Contractor Classification February 12, 2024 The Department of Labor (DOL) has proposed new rules to provide clarity on the classification … Read More
ERTC Tax Credit Qualifications: Are You Eligible for Employee Retention Benefits? February 6, 2024 The “Consolidated Appropriations Act, 2021”, signed into law on December 27, 2020, contained an important … Read More
Business and Family Tax Relief Bills May Impact 2023 Fillings February 2, 2024 In a significant milestone, HR 7024 garnered a resounding 357-70 vote in the House, propelling … Read More
Key 1099 Filing Insights: Stay Informed on Important Requirements December 11, 2023 Earlier this year the Department of the Treasury and the Internal Revenue Service issued final … Read More
Understanding the Corporate Transparency Act: What Business Owners Need to Know December 5, 2023 We explore what business owners need to know about the Corporate Transparency Act, the required reporting and how to prepare for its implementation. Read More
IRS announces new income tax brackets November 13, 2023 IRS announces new income tax brackets The Internal Revenue Service recently announced the annual inflation … Read More
Don’t Snooze on the Employee Retention Credit! November 1, 2023 As we approach the end of the 2023, it is important to review your business’s … Read More