March 23, 2020 at 10:45 am | Federal On Saturday the Treasury Department and the IRS just released Notice 2020-18 in an ongoing effort to provide COVID-19 relief. This notice changes the April [...]
March 20, 2020 | On March 18, 2020, President Trump signed the Families First Coronavirus Response Act into law. This act impacts many parts of the government’s response to the coronavirus, but [...]
Background: One of the many requirements of a business is to maintain adequate records; such as those for federal, state and local tax purposes. Failure to keep and maintain these records can [...]
Simon Lever Learning Community Presents: A Simpler Alternative to Generally Accepted Accounting Principles (GAAP)
The Financial Reporting Framework for Small and Medium Entities (FRF for SMEs) was issued in 2013 by the American Institute of CPAs (AICPA) in response to the need for a more straightforward [...]
The Tax Cuts and Jobs Act (TCJA) of 2017 increased the annual and lifetime gift tax exemptions. The changes impact estate planning. What special considerations must the informed person be aware [...]
Winning the Powerball can create a lot of joy, but it can also create a lot of headaches. Here’s what to do if you end up being the one in 292 million who wins the jackpot.
Fail to Plan. Plan to fail. As we approach Fall, many businesses begin to think about the new year. It is an exciting time of planning and dreaming about what we want to accomplish over [...]