Tax requirements for nonprofits are stringent, and the penalties for violating them can be heavy. Learn how to keep track of all your funding sources — and to keep your tax-exempt status.
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Cryptocurrency is here to stay. That is clear from the proposed Infrastructure Investment and Jobs Act, which includes provisions about how cryptocurrency is taxed. Read about what may be on the horizon.
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Defined benefit plans offer guaranteed retirement benefits for employees. How do these time-honored plans work? Read about the advantages, disadvantages, and tax considerations for employers and employees.
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Homeowner Associations face special problems.Here are some tips to make sure your HOA runs as smoothly as possible.
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This bill will allow an extension of time from March 15, 2022, to September 15, 2022, to make the New York PTET for the tax year 2022. This allows taxpayers time to analyze the changes made to the NY PTET and determine if an election should be made.
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On the most basic level, every nonprofit is out there trying to do good in the world. But behind the scenes, there's a big need for "plain old" money management. Click through for some tips on investment oversight.
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Homeowner Associations face special problems. Click through for some help in making sure your HOA runs as smoothly as possible.
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Nonprofit organizations that receive restricted funds need to account for funds from different sources and for specific purposes separately. Click through to learn how to handle these special kinds of donations.
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Is a limited liability company a good choice to protect real estate investments? Yes, but you need to know the details. Click through to better understand how an LLC works in relation to real estate investments.
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When you're a spouse or personal representative of a deceased individual’s estate, you discover that even the deceased needs to file a final tax return. Click through to find out what responsibilities you have to square things with the IRS.
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The "spread of hours" rule essentially gives New York employees a one-hour bonus in certain kinds of shift work. Who's entitled to it and when? Click through for the details on this important payroll rule.
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While several changes were made, one of the most important was changing the 11-Month Rule for determining whether someone is a permanent resident of New York state to a 10-Month Rule, beginning in the tax year 2022.
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As of the 2021 financial reporting period, the Statement of Auditing Standards (SAS) No. 134 audit opinion requirements went through substantial changes. The new standards take effect for audits of financial statements for periods ending on or after Dec. 15, 2021.
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Whether you're a veteran in the world of government contracts, or a newbie, you may have some questions about starting a government contract on the right foot. Click though to get the answers you need to some essential questions before you start your next contract.
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The term "audit" carries a negative stigma and conjures images of grueling paperwork. But did you know that an audit might be to your advantage? Click through below to learn the benefits of nonprofit auditing.
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New entrepreneurs think about production, marketing, sales and human resources — but often forget the tax angle. You need to be on top of your IRS situation from day one. Click through for an overview of taxes for new businesses.
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There's a lot to think about before taking your company public. Don't consider going public unless all or most of the following are true.
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The Employee Retention Credit now applies only to wages paid before October 1, 2021, unless the employer is a recovery startup business. Read more…
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Now is a good time to check to make sure you're up on the rules. If you do not file Form IT-2104, your employer may use zero as your number of allowances.
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