Gig Economy and Current Tax Obligations
Working in the gig economy results in tax obligations Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing. According to…
Working in the gig economy results in tax obligations Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing. According to…
The Restaurant Revitalization Fund is now live The COVID-19 pandemic has affected various industries in very different ways. Widespread lockdowns and discouraged movement have led to increased profitability for some…
Liabilities for unused time off mount as pandemic lingers During the pandemic, many employees have postponed using their allotted paid time off. At least until COVID-related restrictions are lifted and…
Why it’s important to meet the tax deadline The May 17 tax deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay…
Health insurance and unemployed last year? You may benefit from favorable new changes. In recent months, there have been a number of tax changes that may affect your health insurance…
What’s on the FASB 2021 agenda? In December 2020, Richard Jones stepped up as chairman of the Financial Accounting Standards Board (FASB). After meeting with stakeholders in early 2021, Jones…
The housing market in many parts of the country is strong this spring. If you’re buying or selling a home, you should know how to determine your “basis.” How it…
EIDL loans, restaurant grants offer relief to struggling small businesses The American Rescue Plan Act (ARPA), signed into law in early March, aims at offering widespread financial relief to individuals…
Providing optimal IT support for remote employees If you were to ask your IT staff about how tech support for remote employees is going. They might say something along the…
impairment testing: When to consider triggering events On March 30, the Financial Accounting Standards Board (FASB) published an updated accounting standard. On events that trigger impairment testing under U.S. Generally…