by DunlapSLK | Aug 25, 2022 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
On August 16, 2022 the Inflation Reduction Act (IRA) was signed into law. The IRA includes significant provisions related to climate change, health care, and, of course, taxes. Although the IRA falls far short of Biden’s originally proposed $2 trillion Build Back...
by DunlapSLK | Aug 24, 2022 | Resources For Employers, Uncategorized
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) was recently signed into law as part of the CHIPS and Science Act of 2022. Among other things, the $52 billion package provides generous tax incentives to increase domestic...
by DunlapSLK | Jul 15, 2022 | Resources For Employers, Uncategorized
Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experience and strategic areas of specialization. However, there’s a major risk: the company can be thrown into tumult if one of the owners decides, or is compelled by...
by DunlapSLK | Jun 21, 2022 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
The IRS recently announced that it will increase the standard mileage rate for qualified business driving for the second half of 2022. The adjustment reflects the soaring cost of gasoline this year. In fact, as of June 13, the nationwide average price of regular...
by DunlapSLK | Jun 10, 2022 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
With so many more employees working remotely over the last couple of years, many employers have had to grapple with whether to provide workers with cell phones or allow them to use personal phones for business purposes. From a fringe benefits perspective, two...