Jun 23, 2025 | Business, Tax
Introduction The Supreme Court’s landmark decision in South Dakota v. Wayfair, Inc. in 2018 transformed the landscape of sales tax compliance across the United States. Prior to this ruling, businesses were required to collect and remit sales taxes only if they...
Jun 23, 2025 | Business, Hourly Wage Laws
P.L. 2024, CHAPTER 91 was passed last November but went into effect June 1, 2025. It provides new hurdles for employers, especially those advertising open positions. Who does the law apply to? Interestingly, government employers are not exempt. In the private...
Jun 23, 2025 | Business, Healthcare, Tax
Certain potentially lucrative tax strategies exist under current tax law for Managed Service Organizations (MSOs). For MSOs structured as a flow-through entity, such as a partnership or S Corporation, noncorporate owners may be able to claim a 20% Qualified Business...
Jan 15, 2025 | Business, Community, Quickbooks
Many small businesses are taxed as S corporations because of tax benefits, such as the ability to avoid corporate tax on certain business earnings. Unlike C corporations, S corporations generally do not pay federal income taxes at the corporate level. Alternatively,...
Sep 5, 2024 | Business, Tax
Did you claim the ERC (Employee Retention Credit) and are you still waiting for it to be processed? The IRS suspended processing of ERC claims submitted after September 14, 2023, amid allegations of widespread fraud. There is good news for the businesses that were...
