Regardless of the type of business you’re running, it’s safe to say that you’ve likely already been impacted by the ongoing COVID-19 pandemic that is making its way across the globe. With no complete end to the situation in sight, many have begun to try to settle into whatever this “new normal” actually is. They’re…
The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created HSAs as a way for individuals with high-deductible health plans (HDHPs) to save for medical expenses that are not covered by insurance due to the high-deductible provisions of their insurance coverage. HSA as a…
As the November elections approach, you might want to know what the two front-running presidential candidates’ tax plans for the future are. The following is an overview of their positions, at least what is known now. However, the political and economic landscapes can change, and there is no assurance these plans won’t be revised or…
The technology industry is proving out its resilience. As every industry responds to change and disruption, tech companies are being relied upon more than ever to accommodate remote work, food and supply access, health services, communication, connectivity and entertainment. Innovation remains imperative. While it’s difficult to predict the near-term market and economic landscape, it’s clear…
By: Thomas Alvarez President Trump’s Executive Memorandum signed August 8, 2020 deferring the employee portion of social security taxes, for those employees earning wages less than $4,000 during a biweekly pay period (less than approximately $104,000 annually), went into effect September 1, 2020 and sunsets December 31, 2020. Specifically, the Memorandum directs the Department of…