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Oct 11, 20236 min readEmployee or Independent Contractor? – A PrimerIt is not uncommon for employers to misclassify employees as independent contractors, either to intentionally avoid their withholding and...
Sep 27, 20234 min readResearch Credit Doubled by the Inflation Reduction ActThe Inflation Reduction Act that President Biden signed into law in August of 2022, has a provision that could benefit many small...
Aug 20, 20211 min readEmployer Tax Credits for Paid Leave Under the American Rescue Plan Act of 2021The American Rescue Plan Act of 2021 (ARP) provides Eligible Employers with tax credits to cover certain costs of providing employees...
Feb 6, 20215 min readHow Biden’s Rescue Plan Might Impact Your TaxesPresident Biden released his “American Rescue Plan”. It is a wish list of proposals he wants Congress to enact to address the COVID-19...
Dec 9, 20201 min readIRS denies blanket relief of tax penaltiesThe IRS’s response to the COVID-19 pandemic has included focused relief from tax penalties, but taxpayers and tax professionals should...
Nov 15, 20201 min readReasonable Compensation for Working ShareholdersAre You a Working Shareholder in an S-Corporation? If so, you may not be aware of the IRS’s “reasonable compensation” requirements, which...