Revoke or Not to Revoke – That Is The Question
The Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017, and we have had a full tax year, and the following tax season, to absorb […]
Read MoreThe Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017, and we have had a full tax year, and the following tax season, to absorb […]
Read MoreIs your company looking to hire new talent? Employers may be eligible for the “Work Opportunity Tax Credit” (WOTC) if they hire employees that meet specific criteria. There are 10 […]
Read MoreThe new Tax Cuts and Jobs Act (TCJA) has brought many changes to the tax law. However, there is one area not drawing a lot of attention that is worth […]
Read MoreManaging payroll can be a burdensome task. Adding to the burden is adjusting tax withholding tables issued by the IRS. It’s not only crucial to withhold the appropriate taxes, but […]
Read MoreLatest Statistics Overall, less than 1% of individual tax returns were audited in both 2017 and 2018. However, as in the past, those with very high incomes face greater odds. […]
Read MoreThe IRS has updated the inflation-adjusted “luxury automobile” limits on certain deductions taxpayers can take for passenger automobiles, including light trucks and vans, used in their businesses. Revenue Procedure 2019-26 […]
Read MoreSummertime means sunny days, warmer weather, and opportunities to take a hard-earned vacation. As a self-employed person or a business owner, there are ways to combine a business trip with […]
Read MoreThe IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average value rule. Employers can use the rules to value an […]
Read MoreIf you’re a business owner and you hire your children (or grandchildren) this summer, you can receive various tax breaks along with other non-tax benefits. The kids can gain on-the-job […]
Read MoreDue to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises. Many filers who received refunds in past years wound up […]
Read MoreBedford, Ind. (December 16, 2024) – Blue & Co., LLC, a top-60 accounting and advisory firm with offices in Indiana, Kentucky, Ohio, and Michigan is expanding into Bedford, IN. Effective December […]
By Debbie Herbert, CPA, Director at Blue & Co. If your defined contribution plan has a vesting schedule for employer contributions, you may be familiar with the term ‘forfeitures.’ In […]
By Karen Dringenburg, CPA, Senior Accountant and Andrew Brock, CPA, Senior Manager at Blue & Co. Are you a not-for-profit entity considering implementing ACH transactions? Or are you wondering if […]