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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Are you familiar with cash balance pension plans? This hybrid account takes cues from both 401(k) and defined benefit pension plans. Click through to learn more about this option for your law firm.
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The IRS typically adjusts the cents-per-mile rate each year, but has made a change effective July 1 due to quickly rising fuel prices. Click through to find out what exactly is changing, and by how much.
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Determining whether your law firm is on the right track may be more complicated than it sounds. Click through for some insights into the reports law firms need to review to ensure that they're profitable.
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You're busy running your law firm, but don't forget that you have to take care of the back office as well. And that includes taxes. Click through for an introduction to partnership taxation rules, and some practical help in tax management.
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Form 941 is the quarterly tax return for reporting income taxes as well as withholdings of employee payroll taxes, Social Security, and Medicare. Click through for the basics on this important business form to ensure that you stay compliant.
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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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If you are a U.S. citizen or resident alien residing overseas or are in the military on duty outside the U.S., you are allowed an automatic two-month extension to file your return without requesting an extension. Learn more.
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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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