Taxes
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What the DOL’s Proposed Overtime Rule Means For Small Businesses
Employers Start Offering Emergency Savings Fund Benefit Option
RSM Appoints Ernest Nedder, CPA, as CEO
AICPA Endorses Bipartisan Legislation to Provide Additional Tax Relief to Victims of Natural Disasters
Secure 2.0 Offers New Tax Incentives for Small Business Retirement Plans
The credit is for businesses with up to 100 employees, but the credit is reduced by 2% per employee over 50 employees earning less than 100,000/year.
Court Says Most of California’s Gig Worker Law is Valid; Prop. 22
For gig workers, Prop 22 preserved flexible schedules associated with remaining a contractor but took away protections giving gig workers classification as employees.
2023 Changes for Required Minimum Distributions
These changes provide more flexibility and tax relief to owners of retirement accounts. If you have any questions, don’t hesitate to contact your tax and financial advisors.
Up to 45 Percent of Americans Have a Side Hustle
73% of workers with a side hustle are actively thinking about quitting their job. 60% of workers said that they would rather quit their job than return to the office five days a week.
Feds Say Silicon Valley Bank Deposits Safe, Create New Backstop
The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. jointly announced the efforts aimed at strengthening confidence in the banking system
House GOP Spars with Janet Yellen Over Biden’s Tax Proposals
Republicans on the Ways and Means Committee gave the president’s latest budget request an icy reception.
5 Tips for Achieving Work-Life Harmony During Busy Season
From tight deadlines to too much work, achieving work-life harmony during the busy season can be challenging.
Tax Court Disallows Mortgage Interest Deduction
The new case involves a complex series of transactions where three brothers intermingled their business and personal interests.