Effective from January 1, 2024, new and existing business entities (with exceptions) must comply with
the CTA
Business Tax
IRS Pauses Processing of New ERC Claims
The IRS has released notice that they will be suspending the processing of new claims for the Employee Retention Credit (ERC) for the remainder of 2023.
Minnesota Sales & Use Tax Law Changes for 2023-2024
egislative changes are enacted each year that impact the collection and remittance of these taxes. Here is a summary of a few key highlights from the latest legislative session.
Midyear Tax Planning Essentials
How did tax season go? Summer is an excellent time to enact a new tax planning strategy.
IRS Standard Mileage Rates for 2023
Buckle up – the standard mileage rates for deducting the costs of operating an automobile for business purposes have increased for 2023.
SECURE Act 2.0 – Provisions Impacting Employers
The SECURE Act 2.0 was signed into law by President Biden on December 29, 2022. Included as part of the Consolidated Appropriations Act of 2023, it provides additional retirement savings reforms designed to expand access to and increase participation in workplace retirement plans