Whether you have employees who don’t feel ready to return to the office or are simply considering whether there would be benefits to reinstating in-person client meetings, you want to know all of your options. Here’s what you’ll need to consider before deciding what is right for your firm. Working
The pandemic has prompted many companies to transition to a remote workforce or develop new sales channels, business partners, or suppliers and distributors, all of which can affect sales tax compliance. One thing a CPA can do is help set your small business clients up for success in 2022 with
The end of the year is an important time to reflect. As we gather for holidays and wait for the ball to drop, there is an exciting sense of optimism for what’s next. We come together to celebrate what worked in the last 12 months, as well as acknowledge what
With advancements in technology and accountant-specific services, having a payroll service model for your firm has become a no-brainer. It’s no longer, “Do I offer payroll or not?” It’s, “Why not both?” If you’ve thought, “Payroll isn’t really for my firm,” you may have been right…in the past. But that’s
As college students survey the current landscape for post-graduation careers and jobs, they have a lot to be happy about. Unemployment claims have fallen to a 50-year low while companies across industries struggle to attract and retain employees. But the job market will always have its ups and downs, so
Section 1202 can exclude long-term capital gain on the sale (or sales) of stock in a C corporation. It is one of the current incentives for operating as a C corporation. There are different rules depending on when the “qualified small business stock” was acquired. The stock needs to be
How would a rising interest rate environment affect your clients? The first group to consider would be retired clients who are living on a fixed-income dream (think: a return to 8 percent yields on Treasury bonds and Certificates of Deposit, last seen in the 1980s). While they may wait some
Many businesses around the globe are struggling to find enough skilled workers to fill their needs. Yet there’s one sector that never seems to have a shortage of increasingly talented labor: cybercrime. Plenty of organizations “on the dark side” are attracting more, and more sophisticated, talent. Statistics from research published
A bipartisan group of Congressional representatives—including Stephanie Murphy (D-FL), Terri Sewell (D-AL), Carol Miller (R-WV), and Kevin Hern (R-OK)—introduced H.R. 6161, the “Employee Retention Tax Credit (ERTC) Reinstatement Act,” to undo the early termination of the ERC that was enacted by the Infrastructure bill on November 15. The new bill
Despite a recent crackdown in the Tax Cuts and Jobs Act (TCJA), the alimony deduction is still “alive and kicking” for many existing divorce or separation agreements. Moreover, the reach of this deduction may be greater than you think. A prime example can be found in a recent Tax Court