College athletes can now profit from their Name, Image and Likeness: But they need a CPA to help them do it By: Justin Linscott, Principal | CPA, CFP®, CGMA, CITP, NFLPA Registered Player Financial Advisor The recent announcement of changes to… More on this story
Business Meals Deduction for 2021 and 2022 By: Natalie Bruns, CPA, MBA- Manager The IRS released Notice 2021-25 on April 8, which provides guidance on the temporary… More on this story
Tax Treatment of Litigation Proceeds and Expenses When a company is involved in litigation—as either a plaintiff or a defendant—it is essential that the management team and… More on this story
First Child Tax Credit Payments Coming in July 2021 The IRS and the U.S. Department of the Treasury have announced further details about the expanded Child Tax Credit (CTC)…. More on this story
New Remote Work Arrangements Raise Tax Questions In addition to causing untold health and economic damages, the COVID-19 pandemic has had a profound—and possibly permanent—impact on many… More on this story
Millions of Tax Refunds Delayed Due to IRS Backlog Multiple accounting industry publications are reporting that there is a backlog when it comes to the IRS processing returns as… More on this story
The American Jobs Plan and The American Families Plan: How Could it Touch Taxpayers? In March of 2021, President Biden signed the American Rescue Plan into law. This plan was designed to continue to… More on this story
You filed your tax return: Now what? Most people feel a sense of relief after filing their tax returns. But even if you’ve successfully filed your 2020… More on this story
Time to Take Another Look at the Employee Retention Credit After a series of rule changes and expansions to various COVID-19 relief programs, many companies are reconsidering certain federal benefits… More on this story
Worker classification is very important Over the last year, many companies have experienced “workforce fluctuations.” If your business has engaged independent contractors to address staffing… More on this story
