Inflation Adjustments for 2022 Returns
This article explains the new inflation adjustments that are being made by the IRS issued through Rev. Proc. 2021-45. The IRS also cautioned that “with legislation pending in Congress that…
Consequences of Some Retirement Options on Small Businesses
Valeria Alterman and Ariane Froidevaux delve into research on various retirement options for small business owners. They look into their custom model of retirement decision options for small business owners…
When Is Your Business No Longer a Startup?
There’s a specific sensibility and respect that gets attached to businesses that are referred to as “startups.” There’s a general feeling of risk taking and future-facing enterprise that owners enjoy….
The Telehealth Tax Checklist
Your telehealth tax questions, answered. Healthcare practices implementing telehealth often focus their efforts on the marketing, technology, security and logistics of providing healthcare services to their patients and occasionally overlook…
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…