Category: News

Tips for Strengthening Your Business During Economic Downturns

The COVID-19 crisis and its economic effects have been an unprecedented challenge for many business owners. The current economic decline has brought up many new issues >>

A leave-sharing program is one an employer sets up where employees can donate their vacation, sick or personal leave in exchange for the employer making cash >>

Safe Harbor for trusts that hold rental real estate

The IRS is providing a temporary safe harbor for trusts that hold rental real estate. The safe harbor is provided for trusts that hold rental property >>

HSA Contributions

The IRS has announced 2021 inflation-adjusted amounts for contributions to Health Savings Accounts (HSAs). An HSA is a tax-exempt account funded with pretax dollars that can >>

HEROES Act

The U.S. House has passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act. The bill would provide more than $1 trillion of aid to >>

Can an employer that averaged 100 or less full-time employees in 2019 treat its health plan expenses as qualified wages for purposes of the Employee Retention Credit?

Can an employer that averaged 100 or less full-time employees in 2019 treat its health plan expenses as qualified wages for purposes of the Employee Retention >>

Questions about the new Employee Retention Tax Credit?

Employers have many questions about the new Employee Retention tax credit. To answer them, the IRS has issued a series of FAQs about the credit, which >>