On July 29, 2019, the U.S. Department of Labor released a final ruling that allows smaller businesses to link together and create joint 401(k) retirement plans for employees. This ability to link plans, historically restricted to businesses with common ownership, can provide significant cost savings as these joint plans will
On the surface, taking the Employee Retention Credit (ERC) is four easy steps, but we all know that nothing’s really easy. This is especially true when it comes to interpreting new legislation where not all the guidance is out yet. And, to make things even more complex, there are different
Get a Quote Commercial real estate companies in Dayton and Ohio face a number of challenges staying ahead in a constantly changing landscape. In commercial real estate, bigger is often better. But bigger projects also add complexity. Taxes are tougher. You’re juggling more relationships with investment partners. The fluctuating market
A Fresh Perspective, a Clear Path to Profit To reach the top and stay there, your business has to keep improving. There are problems to solve. Processes to refine. When time is tight or you’re out of ideas, it just makes sense to add someone new to the conversation. Who
Get a Quote Commercial real estate companies in Indianapolis and Indiana face a number of challenges staying ahead in a constantly changing landscape. In commercial real estate, bigger is often better. But bigger projects also add complexity. Taxes are tougher. You’re juggling more relationships with investment partners. The fluctuating
In response to the increased demand and need for healthcare services during the COVID-19 pandemic, the U.S. Department of Health and Human Services (HHS) provided thousands of hospitals and healthcare providers assistance through the Provider Relief Fund (PRF) program (CFDA 93.498) and other programs. In accordance with subsection 75.216 of
The Kentucky General Assembly spent the second to last day of the 2022 legislative session overriding Governor Beshear’s vetoes related to the state budget, taxes, education, and more. The changes are effective for tax years after January 1, 2023. If certain conditions are met, the individual income tax will be
There will be significant changes to audit reports that entities and users should be aware of to avoid surprises and conclusions as audit reports are issued in the upcoming year. Understanding the changes will allow you to better evaluate the results of the audit, and what is being communicated by
The IRS has started sending out educational letters to taxpayers with virtual currency transactions that have possibly failed to report income and pay the tax from the virtual currency transactions or did not report their transactions properly. There are three variations of the letter: Letter 6173, Letter 6174 and Letter
Additional regulations for Global Intangible Low-Taxed Income (“GILTI”) were released on June 14, 2019. Taxpayers were relieved to find two favorable adjustments: Proposed GILTI high-tax exclusion Final guidance on how to calculate GILTI for partnerships High-Tax Exclusion GILTI was put into place to tax the intangible earnings of companies and
Irrevocable Grantor Trusts (IGTs) have long been a critical tool for estate planning and effectively achieving tax minimization on asset transfer, providing the tools necessary to avoid probate, transfer assets, conduct legacy planning, and ensure the minimization of federal estate taxes. Currently, one of the most unsettled topics is how
Making It … Better, Faster, Smarter Technology is transforming the factory floor … again. But with automation and 3-D printing comes the need for more highly skilled workers, more R&D investment, and stronger supply chains. You need razor-sharp reflexes to reach the top and intelligent strategies to stay there. The