Insights Center: 2025 Tax & Legislative Changes
Individuals, businesses and not-for-profit organizations are all affected by the new tax law – and we are ready to help. Start by staying informed; you’ll find our analyses of the new law’s many provisions here.
The newswires were buzzing in December when the U.S. Bureau of Labor and Statistics delivered the bad news that in November 2021, the number of employee “quits” for the month was 4.5 million.
California Governor Newsom recently signed taxpayer-friendly legislation affecting net operating losses (NOLs), business credits and the pass-through entity tax.
So it continues. There is no end to the nefarious tricks created by cybercriminals. Gone are the days of emails from princes from other countries.
Massachusetts Department of Revenue issued frequently asked questions (FAQs) which addressed several items that were unresolved relating to the passage of Massachusetts’ new Pass-Through Entity Excise Tax (PTEET).
North American mergers and acquisitions (M&A) deal volume hit a record high in Q4 2021 reaching over 4,400 transactions.
If you believe that the last two years have been difficult, in all likelihood, 2022-2023 will prove to be just as challenging.
The Securities and Exchange Commission (SEC) on February 9, 2022 voted to propose significant changes to how Registered Investment Advisors (Advisors) and Investment Companies (Funds) manage their cybersecurity risk and disclose significant cyber-related incidents to the SEC.
The Employee Retention Credit (ERC) has been in existence for just about two years now. If the ERC has been around for so long, why are we still talking about it? Because it is a HUGE benefit for businesses if they qualify.
Rhode Island Rebounds was created by the state to assist small business owners through the utilization of the American Rescue Plan State Fiscal Recovery Funds, a way to give back to those in need.
For small businesses located in New York and New Jersey, there are still some pandemic funds available under certain conditions.
There has been radio silence from Washington on the Accelerating Charitable Efforts (ACE) Act since it was introduced in the Senate in June 2021, but it has now gained traction.
The Internal Revenue Service (IRS) issued an information letter to provide guidance regarding the taxation of a cash refund of any unused transportation benefit.