March 20, 2020
The qualified business income (QBI) deduction is the centerpiece provision of the Tax Cuts and Jobs Act and applies from 2018 through 2025. Qualified business income is aggregated from a partnership, S corporation, limited liability company and sole ...
March 16, 2020
Accounting can be a demanding vocation, particularly from January through April each year, so how can your firm successfully attract and retain high quality employees and ensure they’re not experiencing burnout? One way is through a comprehensive ...
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March 10, 2020
In a competitive job market with up to five generations in the workforce, companies of all sizes must be able to attract and keep great people. That's where benefits come in. Is your benefits strategy relevant across multiple generations?
February 24, 2020
The Internal Revenue Service has released a newly-revised tax guide, designed to help members of the military understand the many special tax benefits available to them under the law.
January 29, 2020
The switch to a pass-through entity, as opposed to a C corporation, where long-term double taxation can be expensive, has other benefits, such as reducing the chances of an audit if the business owners file their taxes as a partnership versus a single own
January 14, 2020
In the public accounting field, talent shortages over the past few years have led companies to offer higher pay and additional perks, all of which serve to attract top talent, but don’t always help retain them.
December 10, 2019
Navigating through the waters of health insurance coverage is tricky. You might be wondering, "Do employers have to offer health insurance?" Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to ...
October 24, 2019
Many employers outsource to third-party payroll service providers some or all their payroll and related tax duties, such as tax withholding, reporting and making tax deposits. Third-party payroll service providers can help assure filing deadlines and ...
October 17, 2019
Members of the military and their families often qualify for tax benefits that could lower the tax they owe or allow them more time to file and pay their federal taxes. One of the key sources of information for military families ...
July 2, 2019
New financial management technologies enable businesses to grow and provide an avenue to elevate their market status. These technologies help businesses recognize emerging opportunities and pinpoint obstacles in their way, while also providing a ...
June 12, 2019
Financial management is steering away from the old days of paper-based, manual processes and into an increasingly digital world – and for good reason. We live in a digital economy where nearly every facet of life – including financial management ...
May 21, 2019
The AICPA explained in its letter that the TCJA amended Internal Revenue Code section 274(a)(4) so that no deduction is allowed for the expenses of any qualified transportation fringe benefit (QTF) provided by a taxpayer to an employee. Under ...