Articles
California Legislation Impacts NOLs/Credit Limits and Pass-Through Entity Tax
California Governor Newsom recently signed taxpayer-friendly legislation affecting net operating losses (NOLs), business credits and the pass-through entity tax.
Cyber Roundup – February 2022
So it continues. There is no end to the nefarious tricks created by cybercriminals. Gone are the days of emails from princes from other countries.
Pass the SALT Please: Massachusetts Pass-Through Entity Excise Tax Update
Massachusetts Department of Revenue issued frequently asked questions (FAQs) which addressed several items that were unresolved relating to the passage of Massachusetts’ new Pass-Through Entity Excise Tax (PTEET).
M&A Middle Market Q4 2021 Update
North American mergers and acquisitions (M&A) deal volume hit a record high in Q4 2021 reaching over 4,400 transactions.
Board & Senior Management 2022-23 Priorities – Risks and Challenges Ahead
If you believe that the last two years have been difficult, in all likelihood, 2022-2023 will prove to be just as challenging.
Registered Investment Advisors and Funds: The Time to Enhance Your Cybersecurity Program is Now
The Securities and Exchange Commission (SEC) on February 9, 2022 voted to propose significant changes to how Registered Investment Advisors (Advisors) and Investment Companies (Funds) manage their cybersecurity risk and disclose significant cyber-related incidents to the SEC.
Tax Tips for Claiming the Employee Retention Credit
The Employee Retention Credit (ERC) has been in existence for just about two years now. If the ERC has been around for so long, why are we still talking about it? Because it is a HUGE benefit for businesses if they qualify.
Rhode Island Rebounds Small Business Grant Program
Rhode Island Rebounds was created by the state to assist small business owners through the utilization of the American Rescue Plan State Fiscal Recovery Funds, a way to give back to those in need.
Need Additional COVID Relief? Check Out These Links…
For small businesses located in New York and New Jersey, there are still some pandemic funds available under certain conditions.
ACE Act Update – Companion Bill Introduced in the House
There has been radio silence from Washington on the Accelerating Charitable Efforts (ACE) Act since it was introduced in the Senate in June 2021, but it has now gained traction.
Winter 2022 – Employee Benefits Alert
The Internal Revenue Service (IRS) issued an information letter to provide guidance regarding the taxation of a cash refund of any unused transportation benefit.
Provider Relief Fund Reporting Reminder
The Provider Relief Fund (PRF) portal is open for reporting PRF payments received by entities from July 1, 2020 to December 31, 2020 (Period 2).