IRS proposes to relax the “One Bad Apple Rule” A multiple-employer plan (MEP) is an employee benefit plan maintained by two or more employers. Many such plans are sponsored by companies that are not members of a common control group
Read moreOn June 13th, the Senate passed the Taxpayer First Act. The goal of the Taxpayer First Act is to restructure the IRS to better meet taxpayers’ needs. Although the bill is still awaiting presidential signature, its enactment is expected. The
Read moreRecently, the government filed notice with the United States Court of Appeals for the Sixth Circuit that it was appealing the outcome of Audio-Technica U.S. v. United States. The lower court case, heard in the U.S. District Court for the Northern
Read moreAfter June 27, 2019, the IRS will no longer fax the tax individual or business tax transcripts. This prohibition applies regardless of whether the tax transcript is requested by either the taxpayer or a third party, e.g., lenders and tax
Read moreKeeping your business OSHA (the Occupational Safety and Health Administration) compliant may feel daunting due to the detailed nature of the logs, but it’s time well spent. Most businesses are required by OSHA to fill out detailed logs when an
Read moreEarlier this year, the IRS issued guidelines on the new deduction for up to 20% of qualified business income (QBI) from pass-through entities under the Tax Cuts and Jobs Act (TCJA). The IRS’s guidance attempts to clarify when the QBI
Read moreIf you’re the executor of an estate, you might have heard that you should avoid probate at all costs. Of course, you might not understand what probate means. It’s the court-supervised process for distributing an estate’s assets according to the
Read moreOut-of-office events can be a wonderful way to promote goodwill and friendship among your employees. In the modern workplace, it’s so important to connect outside the professional environment, to get to know your employees as people, and to promote workplace
Read moreThe tax filing deadline is on the way, but never fear; there’s still time to take advantage of some moves that can help lower your 2018 taxes and keep more money in your wallet. Whether you’re trying to pay less
Read moreIf the word “budget” sounds slightly alarming to you, it might be because you associate the term with economic restriction. But a sound budget actually has room for everything you might possibly need. By building a budget yourself, you can
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