Keep up with the latest news in the world of accounting and finance.
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 […]
Final guidance is available for decedent’s estates and non-grantor trusts on the treatment of certain deductions. The Tax Cuts and […]
Here are a few key tax-related deadlines for businesses and other employers during Quarter 4 of 2020. OCT. 15: If […]
The net operating loss (NOL) deduction is currently: 1) the total of the NOLs arising before 1/1/18 that are carried […]
On July 4, President Trump signed a bill that gives businesses more time to seek federally backed loans. It extends […]