Written by Ashley G. White, JD, CPA The SECURE Act (the “Act”) became law effective January 1, 2020, and made significant changes to the rules…
Read MoreWritten by Steve Smith, JD, CPA On April 14th, Governor Ivey signed Senate Bill 261 (SB261) into law, raising the current cap on contributions under…
Read MoreBy: Cooper Melvin, JD, CPA Taxpayers owning an interest in certain partnerships or S corporations may have noticed additional information in the Schedule K-1 package…
Read More[The summary information below is not complete and is for informational purposes only. The information is not intended to be, nor should it be, construed…
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In our Beyond the Bottom Line Newsletter dated January 12, 2022, we described the updated identity verification and sign-in process for several IRS online tools….
Read MoreUnder IRS general rules, all use of a company car is considered personal use unless the employee documents the business use of the car. Personal…
Read MoreIRS Notice 931, Deposit Requirements for Employment Taxes, lists requirements for depositing payroll taxes such as federal income, social security and Medicare taxes. If your…
Read More2021 has been a year filled with recovery from the pandemic and economic hardships of 2020. As many of the tax breaks legislators provided during…
Read MoreIt’s time for Business Personal Property Tax Returns! Keep an eye on your mail for the 2022 tax year return from your county, and your…
Read MoreIf your company or organization holds unclaimed property with situs in Alabama, you must file an annual report with the State of Alabama Treasurer’s Office. This…
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