How Teleworking May Impact Your Tax Obligations

How Teleworking May Impact Your Tax Obligations

As the COVID-19 outbreak continues, many employers are continuing to encourage or require their employees to work from home (i.e., telework). Such remote working arrangements could potentially have tax implications that should be considered. State tax obligations for...
Covid-19 could change your financial statements and audit

Covid-19 could change your financial statements and audit

Among the many far-reaching effects of the pandemic is the immediate effect it is having on financial statements and the way accountants need to audit them. The AICPA recently issued two Special Reports about these matters to help management and their accountants...
Employee Retention Credit and Payroll Tax Deferral

Employee Retention Credit and Payroll Tax Deferral

As many businesses have been affected negatively across the nation due to the effects of the Coronavirus, there are a number of payroll tax benefits resulting from the CARES Act that have become available to help employers during this difficult time. One option for...
The Age Old Question – To Share or Not To Share

The Age Old Question – To Share or Not To Share

As professionals, when our clients ask us this question as it relates to helping them design a “Compensation Plan” for their businesses, we recognize the sensitivity of the topic and before we can answer them, we understand there is a fact-finding mission that must be...