11.17.22
Not-for-Profit Organizations and Accounting For In-Kind Donations
Does your not-for-profit (NFP) organization receive in-kind donations? If so, you’ll want to review how the Accounting Standards Update (ASU) 2020-07 on Topic 958 impacts…
11.17.22
Discover the “Hidden” Advantage of HSAs
A Health Savings Account (HSA) coupled with a high-deductible health plan can be a powerful tool for funding medical expenses on a tax-advantaged basis. For…
11.17.22
As Travel Returns, So Do Travel Scams
Even though COVID-19 remains a concern, many people have started traveling again — and are planning to take trips during the holiday season. Unfortunately, as…
11.16.22
Year-End Gifts and the Gift Tax Annual Exclusion
With the holidays and year-end approaching, you might be considering making gifts of stock or cash to family members and loved ones. By using your…
11.15.22
New York State Health Care and Mental Hygiene Worker Bonus (HWB) Program
If you are a New York State health care employer, you should be aware of the new bonus program which was recently enacted as part…
11.14.22
Act Now To Reduce Your Business’s 2022 Tax Bill
It’s been a tumultuous year for many businesses, and the current economic climate promises more uncertainty for the short term, if not longer. Regardless of…
10.27.22
What Do the 2023 Cost-of-Living Adjustment Numbers Mean for You?
The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased considerably over…
10.27.22
Providing Fringe Benefits to Employees With No Tax Strings Attached
Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees may have to pay tax…
10.25.22
Five Tips for Reducing Workers’ Compensation Costs
For most manufacturing businesses, workers’ compensation insurance is a significant expense. Here are five tips for better controlling these costs: 1. Make sure employees are…
10.25.22
On The Road Again: It’s Time for Manufacturers to Review Business Travel Expense Deduction Rules
Business travel has been picking up again this year. If your manufacturing company has recently resumed travel to visit key customers and suppliers — or…