Keep up with the latest news in the world of accounting and finance.
The IRS has offered clarification on the interaction of the COVID-19-related Employer Retention Credit (ERC) in acquisitions. Under the law, […]
The IRS has provided a safe harbor for deducting expenses if a Paycheck Protection Program (PPP) loan isn’t forgiven. The […]
Business owners know employee health care benefits are expensive. Therefore, your business may want to provide some of these benefits […]
Can you help your tax situation if you donate to charity by Dec. 31? Whether you’re supporting natural disaster recovery, […]
The IRS will issue SALT deduction regs for pass-through entities. The regs will clarify that specified income tax payments are […]
You may wonder if and how disability income is taxed. It depends on who paid for the benefit. If the […]
Interim final regulations are issued on the requirement that employer health plans provide COVID-19 services. These provisions shorten the time […]
When a couple is going through a divorce, taxes are probably not foremost on their minds. But without proper planning, […]
What are excise taxes and does your business owe them? An excise tax is imposed on the sale of specific […]
Do you know someone who isn’t required to file a tax return and hasn’t yet received an Economic Impact Payment […]
Final IRS regulations have been issued on the federal income tax withholding for certain periodic retirement and annuity payments. The […]
The CARES Act made changes to excess business losses that affect those who hold an interest in a business (or […]