If you received a Form 1099-G for unemployment benefits in 2020, you should immediately verify that the amount reported matches the amount of benefits you received. There may be a variance, or you may have received a Form 1099-G showing unemployment benefits though you never filed an unemployment claim. Scammers
Mental Health Awareness Month is designed to fight stigma, provide support, educate the public, and advocate for policies that support people with mental illness – and their families. With so many non-profits focused on supporting and providing services to those living with mental illness, we wanted to know what their
The new lease accounting standard is a hot topic but not an entirely unfamiliar one. By now, you probably know that the new lease standard (ASC 842) is effective in 2022 for calendar year-end private companies. Under the new standard, companies are now required to recognize operating leases on the
Has the turmoil over the last year caused you to start thinking of selling your business? Or, perhaps, the pandemic has opened up opportunities to expand your business? One of the most compelling decisions you will need to consider in structuring a buy/sale agreement is whether to structure the deal
Along with many other personal and professional disruptions this year, COVID-19 is impacting the regulatory environment for organizations with funding covered by the Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly called “Uniform Guidance”), and potentially subject to a single
Impact of U.S. and China Trade Tensions The U.S. continues to impose tariffs on over $200 billion of imports from China. Trump and Xi Jinping have agreed to reinstate trade talks. As the talks continue to drag out, it is clear that U.S. manufacturing is being negatively impacted by the
If you were to only consider daily stock market performance, you would likely think that the economy is quite volatile. By contrast, when the stock market is evaluated from a broad perspective, it more clearly shows steady growth over time. There is no one size fits all approach to completely
Current volatility in the market can often allow emotions to interfere with investment decisions. This is the importance in establishing an investment strategy for the long term so that in difficult times it is easier to stay the course. However, these turbulent times also can reveal potential opportunities in the
This blog is part of an ongoing series highlighting tips and strategies that could help you benefit from or better manage your real estate interests. Be sure to check back to our Real Estate blog frequently to learn more. Read Part one here. Did you Know: Partnership Representatives Did you
Life insurance policies are a great way to pass on a large sum of money to a beneficiary when you pass away. What many people don’t know is that you can name a non-profit organization as the beneficiary. This makes it possible to give a much bigger donation than you
This blog is part of an ongoing series highlighting tips and strategies that could help you benefit from or better manage your real estate interests. Be sure to check back to our Real Estate blog frequently to learn more. Did you Know: Self-Rentals Did you know that rental income to
The IRS entered the 2022 tax season with significant operational challenges including an enormous backlog of unprocessed returns and chronic issues with customer service quality. While it’s typical for the agency to begin tax season with up to about one million unprocessed returns, this year the number increased to 11.7