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Q3 2021 Tax Deadlines for Businesses

RogerRossmeisl

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Monday, August 2 Employers report income tax withholding and FICA taxes for second quarter 2021 (Form 941) and pay any tax due.

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Key Q4 2021 Tax Deadlines for Businesses

RogerRossmeisl

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021. The post Key Q4 2021 Tax Deadlines for Businesses appeared first on Roger Rossmeisl, CPA. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you.

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Business Meals Provided by Restaurants Deductible in 2021-2022

RogerRossmeisl

The recent stimulus legislation, the Consolidated Appropriations Act of 2021, (CAA 2021) included a provision that removes the 50% limit on deducting business meals provided by restaurants in 2021 and 2022 and makes those meals fully deductible. This rule applies to expenses paid or incurred in calendar years 2021 and 2022.

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Are You Ready for the 2021 Gift Tax Return Deadline?

RogerRossmeisl

If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2021 gift tax return. The annual gift tax exclusion has increased in 2022 to $16,000 but was $15,000 for 2021. The post Are You Ready for the 2021 Gift Tax Return Deadline?

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Paycor HR Leaders Survey: The State of American Business in 2021

Paycor surveyed more than 2,000 HR and Finance leaders about the state of American businesses. Here are some examples of what we found: HR is more bullish on both the short- and long-term. Finance leaders are more confident in their ability to manage change. 86% are concerned about mental health, but very few have a plan.

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Taking Required Minimum Distributions in 2021

RogerRossmeisl

The CARES Act, which passed last March, allowed people to skip taking these withdrawals in 2020 but now that we’re in 2021, RMDs must be taken again. The post Taking Required Minimum Distributions in 2021 appeared first on Roger Rossmeisl, CPA. In general, RMDs are calculated using life expectancy tables published by the IRS.

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Q1 2021 Tax Deadlines for Businesses

RogerRossmeisl

Here are some of the key Q1 2021 tax deadlines affecting businesses and other employers. In addition to the Q1 2021 tax deadlines, contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. The post Q1 2021 Tax Deadlines for Businesses appeared first on Roger Rossmeisl, CPA.

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COVID & the Future of Work: Insights from Paycor’s C-Suite

An economic contraction that might extend through 2021. In Paycor’s newest report, our Chief Executive and Group Leaders consider how SMBs will recruit, manage their workforce, optimize benefits, and foster employee experience in the new normal of 2020 and beyond. In just a few months, everything changed: 30 million unemployed and counting.

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The Top 7 Compliance Risks and How to Avoid Them

These are the top seven compliance risks of 2021 (so far): Risk #1: Underpreparing for Remote Work. Compliance is on everyone’s mind, especially as much of the workforce goes remote and many new laws are emerging at the state and local levels. Risk #2: Ignoring “Fair Workweek” Laws. Risk #3: Pushing Pause on Pay Equity.

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Crafting Your Accounting Innovation Strategy

Speaker: Donny C. Shimamoto, CPA.CITP, CGMA

December 9th, 2021 at 11:00 am PST, 2:00 pm EST, 7:00 pm GMT Develop your “intraprise architecture” and use it to visualize the changes to your firm’s or accounting department’s operations. Obtain insight into the skills and knowledge you will need to build in your staff to maintain your team’s relevance and improve the services you provide.

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Rethinking the Concept of the Employee: How Outsourcing Can Help Grow Your Accounting Business

Speaker: Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP

September 30th, 2021 at 1:30 pm PDT, 4:30 pm EDT, 9:30 pm BST Why outsourcing can help yield growth by augmenting your current model. Methods to measure and track your success so you can watch yourself improve. What a supplemental "gig economy" looks like for an accounting firm.

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Change Your Mindset: The Key to Growing Your Accounting Practice

Speaker: David Bergstein, Chief Innovation Officer at Bergstein CPA

August 19th, 2021 at 11:00 am PDT, 2:00 pm EDT, 7:00 pm BST Methods to measure and track your success so you can watch yourself improve! Everyone who attends will walk away with the knowledge of what to do to be successful in the "New Normal.".

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Managing Security Issues with a Remote Workforce while Continuing to Grow Your Practice

Speaker: Jim Bourke, Managing Director Advisory Services at WithumSmith+Brown

October 21st, 2021 at 11:00 am PDT, 2:00 pm EDT, 7:00 pm BST Gain an awareness of some of the unique technologies that are ready to take the accounting profession to the next level. Learn how to define leadership’s role in keeping team members safe, functional, relevant and perfectly positioned to grow the practice.

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4 Steps to Building Your Client Advisory Services Practice With Passion & Purpose

Speaker: Amy Vetter, CEO of The B3 Method Institute

November 17th, 2021 at 11:00 am PDT, 2:00 pm EDT, 7:00 pm GMT Discover how to design an end-to-end customer experience that consistently provides the high-quality level of service and engagement your clients rely on throughout the entirety of your business relationship.

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2021's Hot Tech Tools and Services for Financial Professionals

Speaker: Stephen M. Yoss, CPA, Partner at Devmatics, LLC

December 21st, 2021 at 11:00 am PST, 2:00 pm EST, 7:00 pm GMT. Identify new opportunities for communication and collaboration with your colleagues, staff, clients, and vendors using applications like Teams and Slack. Exchange confidential and sensitive information with others, both inside and outside your organization.