Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and the coverage is higher than $50,000, there may be
If you are a business owner and you are getting a divorce, tax issues can complicate matters. Your business ownership interest is one of your biggest personal assets and in
Although COVID-19 remains a concern, many people have started traveling again both for business and pleasure. Unfortunately, as travel demand has increased, so has travel-related fraud. For example, some fraud
Updated accounting rules for long-term leases took effect in 2019 for public companies. Now, after several deferrals by the Financial Accounting Standards Board (FASB), private companies and private non-profit entities
In News Release 2021-160, the IRS recently made an important announcement related to COVID-19 vaccinations. That is, wages paid for leave taken to accompany someone who is getting vaccinated, or
Some people make video recordings of their will signings in an effort to create evidence that they possess the requisite testamentary capacity. For some, this strategy may help stave off
In Notice 2021-46, the IRS recently issued additional guidance on the Consolidated Omnibus Budget Reconciliation Act (COBRA) premium assistance provisions of the American Rescue Plan Act (ARPA). Under the ARPA,
Economic instability caused by the pandemic may have your non-profit scrambling to find funding. But just as important is making internal adjustments that build your non-profit’s capacity to fulfill its
There may be a tax-advantaged way for people to save for the needs of family members with disabilities without having them lose eligibility for government benefits to which they are
What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser, or indemnitor of a debt obligation of
