Blog

October 6, 2020

Preparing for Medical Expenses in Retirement

You may think that you don't need to worry about health care costs after you turn 65 and are eligible for Medicare. You can't contribute to a health savings account after you enroll in Medicare, but you can use money you've built up in the account tax-free for even more expenses after you turn 65... (click on the picture to read more)...
October 6, 2020

4 Ways to Invest in Employee Mental Health

COVID-19 has disrupted every facet of our lives, and our collective mental health is no exception. In the world we’re in today, building a culture that’s both resilient and agile is an obvious source of competitive advantage.... (click on the picture to read more)...
September 26, 2020
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PPP Forgiveness: No Need To Rush

Although forgiveness for Paycheck Protection Program loans is a foremost topic on the minds of borrowers and the CPAs who advise them, experts are saying borrowers should not rush to apply for forgiveness. (click on the picture to read more)...
September 26, 2020
Stressful man

How To Prepare For Rising Stress Ahead

My area of focus is group culture and what it takes for individuals and groups to thrive. You should also be aware that individuals who have been traumatized are more likely to misinterpret events as threats... (click on the picture to read more)...
August 10, 2020

How to Report Coronavirus Paid Sick Leave And Family Leave to Employees

The IRS explained how employers should report the amount of qualified sick and family leave wages paid to employees under the Families First Coronavirus Response Act. (click on the picture to read more)...
July 28, 2020

COVID-19 – Retail Price Additional Fee in Nevada

The Department has noted, and local news articles have publicized the fact that some businesses are now charging an additional fee attributed to COVID-19. This additional fee added to the final selling price of retail sales appears to be a move to help recoup costs associated with added implementation expenses and other increased costs. (click on the picture to read more)...
July 20, 2020

Considerations Before Reopening Your Office

You’ve probably been thinking about reopening since your office closed, but your employees may not be comfortable with the idea. Each firm will have different needs and considerations, but the Centers for Disease Control and Prevention (CDC) created a decision tree to help you think through scenarios. (click on the picture to read more)...
July 20, 2020

AICPA Recommends Changes to E-signature Requirements

The AICPA recommends that the IRS further expand on its previously announced relaxation of its requirements for digital signatures in the collections area to four other areas. the IRS should allow all taxpayers the option to use an e-signature for the Form 8878 series and the Form 8879 series for e-file signature authorizations, if the taxpayer’s software has e-signature capability. (click on the picture to read more)...
July 6, 2020

Protecting Seniors From COVID-19 Fraud

More than 3,600 complaints of COVID-19 scams had come into the FBI’s Internet Crime Complaint Center through April 21, according to the U.S. Department of Justice. (click on the picture to read more)...
June 30, 2020

E-filing of Form 1040-X Coming This Summer

The current system requires taxpayers to mail a paper amended return to the IRS for processing, and the IRS receives over 3 million of those forms each year. The new electronic option allows the IRS to receive amended returns faster while minimizing errors normally associated with manually completing the form. (click on the picture to read more)...