David Cechanowicz | January 16, 2020
In December 2019, Congress passed a funding bill dubbed the SECURE Act – Setting Every Community Up for Retirement Enhancement – which includes certain provisions that will significantly change the way retirement benefits are distributed and taxed for most beneficiaries other than surviving spouses. Read more. Read More
Dennis Davis and Sandy Abalos | January 6, 2020
Santa Claus came a few days early for more workers – including those working part-time and even freelance – when the SECURE Act was signed into law on December 20, 2019. The new legislation, which took effect on January 1, 2020, stands for Setting Every Community Up for Retirement Enhancement. It provides more part-time employees with access to tax-friendly workplace retirement plans such as 401(k)s, while also making it more affordable for small businesses to set up these plans. Read more. Read More
Alison Furfie | December 30, 2019
While employees of S-corporations are able to claim employee health insurance as a tax-free benefit, shareholders who own more than two percent of the company stock cannot. Their health insurance premiums are subject to a few special income tax rules ... Read more. Read More
Joe Smith and Marcus Benally | December 16, 2019
To emphasize the gaming industry’s commitment to compliance and to guide casinos’ efforts in protecting the nation’s financial system, The American Gaming Association (AGA) has released updated Best Practices for Anti-Money Laundering (AML) Compliance. Read more. Read More
Daniel Yu | December 11, 2019
Corrine Wilson | December 4, 2019
The Federal Communications Commission (FCC) has announced that it will open a tribal priority window for tribes to acquire licenses for spectrum in the 2.5 GHz band before the licenses to to auction. Read more. Read More
Dean Willingham | November 26, 2019
Companies who do business in industries such as construction, manufacturing and real estate are heavily impacted by the new revenue recognition rules imposed by the Financial Accounting Standard Board (FASB), effective January 1, 2019 (for annual reporting – and in 2020 for interim periods). As these rules removed the ability to apply separate accounting rules to contractors, many companies may be unsure how best to proceed under the new rules. Read more. Read More
Laura Hall | November 25, 2019
Perhaps one of the most interesting discoveries in modern history was the structure of DNA. As we continue to study our genetic makeup, we are making fascinating discoveries about history, physiology, and disease. CRISPR technology is allowing us to make changes to the genetic structure of plants and animals. And as the technology improves, we can see potential benefits for humans ...Read more. Read More
Mike Chelius | November 5, 2019
The passage of the Tax Cuts and Jobs Act of 2017 (TCJA) created additional opportunities for taxpayers to choose the cash method of accounting as the definition of a small business taxpayer. Read more. Read More
Jennifer Moreno | October 24, 2019
In recent years, medical devices, such as electronic health records (EHR) systems and advanced bed and fall monitors, have played a key role in health care settings, with the average hospital room containing nearly 15-20 connected devices. Though some of these devices run on onsite operating systems, others contain external vulnerabilities that put hospitals at a greater risk for data breaches. Read more. Read More