Recent News & Blog

  • ESOPs offer businesses a variety of potential benefits

    Wouldn’t it be great if your employees worked as if they owned the company? An employee stock ownership plan (ESOP) could make this a reality.

  • Back-to-school tax breaks on the books

    Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule. In any event, parents may be eligible for certain tax breaks to help defray the cost of education.

  • How to Track Employee Time

    If you have to track a lot of employee work hours, you might want to use QuickBooks’ Timesheets.

  • 5 key points about bonus depreciation

    Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years 2023 through 2027.

  • DOL provides additional guidance on FFCRA and what is considered a school closure

    Many employers are trying to understand how the Families First Coronavirus Response Act (FFCRA) paid leave mandates for school closures apply to the various teaching options and schedules as schools reopen.

  • Payroll tax deferral guidance

    President Trump signed an Executive Order on August 8, 2020, and Treasury issued guidance on August 28, 2020 regarding the deferral of social security tax withheld from the paychecks of employees.

  • How nonprofits should classify their workers for tax purposes

    Employees or independent contractors? It’s not only for-profit companies that struggle with the question of how to classify workers for federal tax purposes.

  • Oh, no, your original will is missing!

    In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it comes to your last will and testament, only an original, signed document will do. The original vs. a photocopy

  • Divorcing? Revise your estate plan

    If you’re going through a divorce, you probably feel a little overwhelmed by all the legal and financial items you must attend to before the marriage termination is final. These tasks can be difficult, but revising your estate plan doesn’t have to be.

  • Helping employees understand their health care accounts

    Many businesses now offer, as part of their health care benefits, various types of accounts that reimburse employees for medical expenses on a tax-advantaged basis.

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