News
Employers: Will your health insurance be “affordable” in 2022?

Employers: Will your health insurance be “affordable” in 2022?

September 20, 2021

Employers, act now to determine whether you could be subject to an Affordable Care Act penalty for your 2022 health care coverage.

Related-party transactions draw attention from auditors

Related-party transactions draw attention from auditors

September 17, 2021

Does your business interact with your friends, relatives and subsidiaries? If so, you may need to disclose the details of those transactions and relationships in your financial statements. Here’s why and how auditors pay special attention to related parties.

Selling a home: Will you owe tax on the profit?

Selling a home: Will you owe tax on the profit?

September 16, 2021

If you’re selling your principal residence, some or all of the profit may be tax free. It depends on your home sale profit and your income. Here are the basic rules.

Tax breaks to consider during National Small Business Week

Tax breaks to consider during National Small Business Week

September 14, 2021

Before Dec. 31, you may want to make some tax moves to save on 2021 taxes. Here are a few strategies.

Restating financial results

Restating financial results

September 13, 2021

Stakeholders are understandably alarmed when a company restates its financial results. However, the reasons for restatements can range from the mundane to the serious.

Defining involuntarily termination for the ARPA COBRA subsidy

Defining involuntarily termination for the ARPA COBRA subsidy

September 10, 2021

Many employers must provide COBRA coverage to departing employees. Recent IRS guidance addresses how to define involuntary termination in relation to the 100% COBRA premium subsidy.