The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue Plan Act (ARPA), enacted in March of 2021.
Recently, there were changes made to the child tax credit that will benefit many taxpayers.
At many businesses, job descriptions have it easy. They were “hired” (that is, written) many years ago.
“Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” (Uniform Guidance) applies to all not-for-profits that accept federal
Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get the level of coverage you want.
Last week, the Supreme Court decided yet another case in a long line of legal challenges to the Affordable Care Act (ACA/Obamacare). While the Court did not rule on t
As we continue to come out of the COVID-19 pandemic, you may be traveling again for business.
Businesses need financial information that’s accurate, relevant and timely. The Securities and Exchange Commission requires publicly traded companies to follow U.S.
Most of us are taught from a young age never to assume anything. Why?
If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education costs.
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021.
It takes more than dedication and enthusiasm for your not-for-profit’s cause and programs to make a good board member.
As vaccination levels rise and major U.S.
If you’re getting ready to retire, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications.
If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them.
Working capital equals the difference between current assets and current liabilities.
COVID-19 was a kind of disaster most not-for-profits weren’t prepared for.
For many business owners, putting together a succession plan may seem like an overwhelming task.
High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax.
If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax benefits.
Internal controls are a system of policies and procedures organizations put in place to protect assets and improve operating efficiency.