Assess and Adapt: 5 Tips for Increasing Efficiency in Professional Services Firms
Quinn Hart, CPA, Tax Partner It is no secret that many businesses are struggling during these challenging times. With so much uncertainty about when employees can fully return to work, whether or not customers will be able to pay the... Read More →
The Wealth Tax ‐ Part 2
Dustin Wells, CPA, Tax Specialist This is Part 2 of Dustin’s analysis of the Wealth Tax. Read Part 1 here. What are the practical effects of a wealth tax if implemented on Americans? And what are the positive and negative... Read More →
How to Develop an Employee Leave Policy During COVID-19
According to the United States Department of Labor’s Wage and Hour Division, the Families First Coronavirus Response Act addresses how select businesses must give their workers paid sick leave or expanded family and medical leave under permitted circumstances in light... Read More →
Borrowing From Your Retirement Plan: New CARES Act Rules
It’s been nearly half a year since Americans first became widely aware of the coronavirus contagion within the United States. While for a brief month it looked as if we had the virus in hand, since then it has spread... Read More →
Help for People Struggling to Pay Bills
The impact of COVID-19 has caused many Americans to suffer hardships, one of which is struggling to make ends meet. But take heart; there are solutions. Here are a few areas in which creditors are working with people to alleviate... Read More →
R&D Tax Credits May Be Part of the Next Tax Relief Bill
As the economic impact of COVID-19 lingers and an impending second wave is on everyone’s mind, Congress is already thinking of new legislation to stimulate the economy. One of the ideas on the top of the list is an expansion... Read More →
Robotics Carves Out Niche in Various Businesses
Away from the movies, robots are becoming a reality in everyday life. Robots have played a major role in manufacturing industries to perform basic tasks that are either dangerous or laborious for humans. As technology becomes relatively cheaper – through... Read More →
How Will the Market Price in Q2 Earnings?
The New York Fed Staff Nowcast predicts a negative 14.3 percent (-14.3 percent) growth of real GDP for Q2 of 2020 and a positive 13.2 percent growth of real GDP for Q3 of 2020. Clearly, the Fed is expecting a... Read More →
IRS Gears Up for Aggressive Enforcement
Recently, the IRS Commissioner testified before the Senate Finance Committee, sending the message that the IRS is committed to catching intentional tax evaders. There was no ambiguity in the message of his testimony to Congress; he noted that under his... Read More →