by paulagooch | Nov 30, 2023 | Automobile and Truck Dealerships, Silver Advantage Alerts, Tax Compliance, Tax Services
By Margaret Lulkiewicz, CPA – Supervisor, and Kristy McElroy, CPA – Senior Manager There is good news for individual consumers and businesses considering the purchase of an electric vehicle. The 2022 Inflation Reduction Act extended certain tax credits through 2032...
by paulagooch | Nov 22, 2023 | Silver Advantage Alerts, Tax Compliance, Tax Services
By Greg Diehl CPA – Manager Starting January 1, 2024, the IRS is requiring most businesses to file Form 8300 electronically (e-file) instead of filing a paper return. Form 8300 is used for businesses to report any transaction in which the business receives more...
by paulagooch | Oct 30, 2023 | a&a, Employee benefit plans, Silver Advantage Alerts
By Alina Mouscher, CPA – Supervisor, Accounting & Assurance Reporting requirements for employee benefit plans are changing, effective for plan years beginning on or after January 1, 2023. If you are a small business employer sponsoring a 401(k) plan for...
by paulagooch | Oct 19, 2023 | a&a, Silver Advantage Alerts, Wilson
By Janell Wilson, CPA – Partner In 2016, the FASB issued Accounting Standards Update (ASU) 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. Several amendments were subsequently issued, and...
by paulagooch | Oct 10, 2023 | a&a, Employee benefit plans, Silver Advantage Alerts
By MichaelSilver Retirement plan administrators have received a reprieve from an upcoming deadline that has been causing frustration throughout the benefits industry. The SECURE 2.0 Act of 2022 (SECURE 2.0) affects how certain retirement account holders may make...
