Remote auditing: A brave new world
July 22, 2022
Pandemic-related lockdowns have forced auditors to conduct many procedures off-site. That change may not necessarily be temporary. After realizing the potential benefits, remote audit procedures may be part of the “new normal” going forward.
Interested in an EV? How to qualify for a powerful tax credit
July 21, 2022
Many people are thinking about buying electric vehicles because of their advanced technology, high gas prices and the fact there are more models available today. Along with factors like acceleration and the battery range, check out the federal tax break that may be available.
Last call for lease accounting
July 20, 2022
Private companies: Have you implemented the new lease accounting rules? If not, you can’t afford to procrastinate any longer. Here’s what you’ll need to do before year end and how it may impact your financials.
Taking employee benefits to the next level with an NQDC plan
July 19, 2022
For employers looking to attract and retain key employees, a nonqualified deferred compensation plan could be a good addition to a benefits package.
The tax obligations if your business closes its doors
July 18, 2022
When a business shuts down, there are a number of tax responsibilities that must be met. Unfortunately, because of the pandemic and the economy, many businesses are facing this reality. Here are the basic rules.
How disability income benefits are taxed
July 15, 2022
In some cases, disability income is taxable by the federal government. In other cases, it isn’t. Here are the rules.
