News & Resources

If you allow employees to telecommute, be sure to consider the potential tax implications. Hiring someone in another state, for example, might create sufficient nexus to expose your company to that state’s income, sales and

HIPAA Updates: Is your practice in compliance? Part Two: The Business Associate Rules The new HIPAA regulations significantly expand the law’s reach. The law now applies not only to health care providers and health plans, but also

If you donate your vehicle, the value of your deduction can vary greatly depending on what the charity does with it. You can deduct the vehicle’s fair market value (FMV) if the charity: Uses the

This Quarterly Healthcare Advisory is a two-part update focused on HIPAA compliance.  With multiple recent changes, we wanted to bring the facts together in a cohesive way for your convenience. We encourage you to reach

Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate professional. Why is this important? Passive income may be subject to the 3.8% net investment

Incentive stock options allow you to buy company stock in the future at a fixed price equal to or greater than the stock’s fair market value on the grant date. If the stock appreciates, you

This month’s newsletter covers the Financial Accounting Standards Board’s (FASB) proposal to overhaul the nonprofit financial reporting standards.  On April 22, 2015, The Nonprofit Advisory Committee, a committee established by the FASB, released an exposure draft that proposes

Whether you filed your 2014 income tax return by the April 15 deadline or filed for an extension, you may think that it’s a good time to take a break from thinking about taxes. But

President Obama is expected to sign into law the Medicare Access and CHIP Reauthorization Act of 2015 (“MACRA”) after the Senate last week voted 92-8 to pass the measure. The House approved the bill on

The additional 0.9% Medicare tax applies to FICA wages and self-employment income exceeding $200,000 per year ($250,000 for married filing jointly and $125,000 for married filing separately). Unfortunately, the withholding rules have been tripping up