…Form W-2, Form 1099, or other specified statement furnished to the individual. The deduction is also available for both itemizing and non-itemizing taxpayers and expires in 2028. Employer considerations These…
…but those considerations required under the new standard better align with the strategic objectives management may already be considering. Closer collaboration with IT: You will need clear documentation of authorization…
…to domestic violence, sexual assault, or stalking. Key considerations for employers Although implementation is still more than a year away for larger employers, organizations should begin reviewing their current leave…
Real estate and construction industry tax planning insights for 2022 and beyond There are some new and potential tax changes on the horizon that will likely impact real estate and…
…employee contributions to the plan as soon as possible. Employee benefit plan remittance considerations: What is “reasonable”? The timing of when contributions can reasonably be segregated from general assets may…
…no corresponding reduction in financial statement income. This mismatch may increase the likelihood that certain corporate investors will need to evaluate CAMT exposure more closely. CAMT considerations will remain an…
…and financial health. Other challenges and considerations for endowment management Investment management pitfalls Investment management challenges often include insufficient diversification, the temptation to chase high returns, lack of thorough monitoring…
…the latest tax year there are numerous taxpayer considerations that need to be addressed before implementation. The American Institute of CPAs (AICPA) has submitted recommendations to the Department of the…
…of the Notice’s integral‑part and de minimis rules. State conformity considerations State treatment of the new QPP bonus regime is not uniform. Some states, such as Virginia, do not adopt…