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Contingent liabilities: To report or not to report? Contingent liabilities: To report or not to report?Accounting

Contingent liabilities: To report or not to report?

Disclosure of contingent liabilities — such as those associated with pending litigation or government investigations…
Diana
DianaJune 7, 2022
Help when needed: Apply the research credit against payroll taxes Help when needed: Apply the research credit against payroll taxesBusiness

Help when needed: Apply the research credit against payroll taxes

Here’s an interesting option if your small company or start-up business is planning to claim…
Diana
DianaJune 7, 2022
Social Security benefits: Do you have to pay tax on them? Social Security benefits: Do you have to pay tax on them?Individuals

Social Security benefits: Do you have to pay tax on them?

Some people who begin claiming Social Security benefits are surprised to find out they’re taxed…
Diana
DianaJune 7, 2022
For nonprofits, quid pro quo isn’t a simple exchange For nonprofits, quid pro quo isn’t a simple exchangeNonprofit

For nonprofits, quid pro quo isn’t a simple exchange

Quid pro quo donations occur when a not-for-profit receives a payment that includes a contribution…
Diana
DianaJune 1, 2022
Dodge the tumult with a buy-sell agreement Dodge the tumult with a buy-sell agreementBusiness

Dodge the tumult with a buy-sell agreement

Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experience and strategic…
Diana
DianaJune 1, 2022
Calculating corporate estimated tax Calculating corporate estimated taxBusiness

Calculating corporate estimated tax

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s…
Diana
DianaMay 31, 2022
Is it a good time for a Roth conversion? Is it a good time for a Roth conversion?Individuals

Is it a good time for a Roth conversion?

The downturn in the stock market may have caused the value of your retirement account…
Diana
DianaMay 31, 2022
Partners may have to report more income on tax returns than they receive in cash Partners may have to report more income on tax returns than they receive in cashBusiness

Partners may have to report more income on tax returns than they receive in cash

Are you a partner in a business? You may have come across a situation that’s…
Diana
DianaMay 26, 2022
Businesses: Prepare for the lower 1099-K filing threshold Businesses: Prepare for the lower 1099-K filing thresholdBusiness

Businesses: Prepare for the lower 1099-K filing threshold

Businesses should be aware that they may be responsible for issuing more information reporting forms…
Diana
DianaMay 26, 2022
Support your nonprofit’s financial plans with board designations Support your nonprofit’s financial plans with board designationsNonprofit

Support your nonprofit’s financial plans with board designations

The pandemic, ongoing economic insecurity and uncertainty about the future have prompted some not-for-profits to…
Diana
DianaMay 26, 2022
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