by Anne Angera | 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 Anne Angera | 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 Anne Angera | 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 Anne Angera | 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...
by Anne Angera | May 27, 2022 | Resources For Individual Taxpayers, Uncategorized
The April tax filing deadline has passed, but that doesn’t mean you should push your taxes out of your mind until next year. Here are three tax-related actions that you should consider taking in the near term (if you filed on time and didn’t file for an extension)....
by Anne Angera | May 12, 2022 | Resources For Employers, Uncategorized
By now, many employers have chosen to offer employees a high-deductible health plan (HDHP) along with a Health Savings Account (HSA). One interesting issue that’s arisen is, at some organizations, employees have asked whether they can make pretax HSA contributions....