COVID-related leave-sharing programs remain viable
August 30, 2021
Employers offering or considering leave-sharing programs related to COVID-19 charities should read up on recent IRS guidance.
Financial reporting issues to consider in “going private” transactions
August 27, 2021
Is it time to take your company out of the public eye? Public companies may be considering delisting to lower costs and reduce outside scrutiny. Here are some critical issues to factor into this decision.
Does your employer provide life insurance? Here are the tax consequences
August 25, 2021
Does your employer provide you with group term life insurance? Depending on the amount of coverage, it may add to your tax bill. Here are the rules.
Getting a divorce? Be aware of tax implications if you own a business
August 24, 2021
Divorce may have tax implications for the spouses involved, especially if one or both of them owns a business. Here are some of the issues involved.
Leave tax credits are available for employees who help others get vaccinated
August 23, 2021
Employers may be able to claim paid sick leave or paid family leave credits for employees who help others get vaccinated. However, there are strict eligibility criteria.
Private companies: Are you on track to meet the 2022 deadline for the updated lease standard?
August 20, 2021
Coming soon: Private companies and nonprofits that rent equipment, vehicles and real estate will need to update their accounting systems for major changes to the rules for long-term leases under U.S. GAAP.
