Top Five Workplace Compensation and Benefits Trends
Many employers are giving employees greater flexibility to work alternative schedules, including hybrid arrangements (i.e., some in-person and some remote work) or continuing to work entirely remotely. To meet the…
Confused About Crypto? Tax Considerations For Investing In Cryptocurrency
The prevalence of cryptocurrency—or what the Internal Revenue Service (IRS) refers to as “virtual currency”— in investing and financial transactions has increased significantly in recent years. While the IRS and other government…
Higher Education in the U.S. – Rising Costs, Enrollment Challenges and the Need for Innovative Solutions
By: David Clark, Seth Miller Gabriel, Umer Yaqub The higher education landscape has changed over the last few decades, with increasing concern regarding declining enrollment and institutions’ ability to drive…
Biden’s Infrastructure Plan: What is Construction’s Opportunity?
President Biden’s infrastructure plan is set to improve failing infrastructure, rebuild the economy and create new jobs. As of this writing, the plan, which Biden originally released on March 31…
How To Boost Tax Deductions By Retroactively Adopting A Workplace Retirement Plan
Employers who could use a federal income tax deduction for 2020 can consider retroactively adopting a broad-based, tax-qualified retirement plan, such as a discretionary profit-sharing plan, cash balance plan or…
SBA Releases New PPP Loan Forgiveness Guidance
On July 28, the U.S. Small Business Administration (SBA) released an update to the forgiveness process for the majority of Paycheck Protection Program (PPP) loans. The goal of the new…
R&D Tax Credits for the Technology & Software Industry
Generate cash from your past and future investments to develop or improve software. If your company has paid for software to be developed or improved in the U.S., you may…
Checklist: Lawyers’ Professional Obligations With Legal Technology
For too long, the rate of technology adoption across the legal industry has lagged far behind innovation. As datasets grow larger and litigation costs rise, it’s critical for legal professionals…
Accounting Standards: A Comparison between U.S. GAAP and IFRS
The two most common reporting standards used by companies around the world are Generally Accepted Accounting Principles in the United States of America (US GAAP) and International Financial Reporting Standards…
Planning For The Unknown: Preparing For Potential Tax Increases Under The Biden Administration
The Biden Administration’s American Families Plan and other tax proposals may complicate the tax landscape for high-income earners. Many of the proposals target taxpayers earning more than $400,000 per year….