FAMILIES FIRST CORONAVIRUS RESPONSE ACT The Families First Coronavirus Response Act, has been signed by the President and includes mandatory paid leave requirements and related tax credits that will affect many small businesses. These new rules are effective April 2, 2020. Required Paid Leave Employers with fewer than 500 employees...
Read More
The IRS issued guidance on March 21, 2020 allowing a deferral of federal income tax filings and payments until July 15, 2020. All individual, corporate and other non-corporate tax filers may defer federal income tax (including self-employment tax) filings and payments due on April 15, 2020 until July 15, 2020...
Read More
March 12, 2020 by Staff
In June 2018 the US Supreme Court transformed the landscape for businesses collecting sales tax[i]. Our October 8, 2018 blog, “Economic Nexus and How it Might Affect You”, explained the impact of this decision. A year and half later, apart from Florida and Missouri, all states with a sales tax[ii]...
Read More
January 6, 2020 by Aaron Thomas
Are your security and privacy requirements growing? Is it becoming harder and harder to comply with multiple regulations and standards? You should consider HITRUST. Born as a response to security challenges for the healthcare industry HITRUST has expanded its reach to assist other industries with their security and privacy reporting. ...
Read More
November 11, 2019 by Staff
If not, here are some ideas, courtesy of our friends at Sanford, Pierson, Thone and Strean, Attorneys at Law, for married Minnesota residents and nonresident Minnesota property owners to consider: Minnesota is an equal opportunity estate taxing authority: it taxes residents and nonresidents alike. If you live in Minnesota, or...
Read More