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If You’re Hiring Independent Contractors, Make Sure They’re Properly Handled

RogerRossmeisl

The question of whether a worker is an independent contractor or an employee for federal income and employment tax purposes is a complex one. If a worker is an employee, your company must withhold federal income and payroll taxes and pay the employer’s share of FICA taxes on the wages, plus FUTA tax.

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Per-Diem Rates for Post-9/30/20 Business Travel

RogerRossmeisl

If the rate paid doesn’t exceed IRS-approved maximums, and the employee provides simplified substantiation (time, place, and business purpose): the reimbursement is treated as made under an accountable plan (e.g.

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Coronavirus Aid, Relief and Economic Security (CARES) Act

VetCPA

The Coronavirus Aid, Relief and Economic Security Act (CARES Act or Act), which includes cash payments to taxpayers, expanded unemployment insurance, increased funding for healthcare providers, small business loans, and tax relief to businesses. The Act is the third bill from Congress in response to the COVID-19 pandemic.

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Coronavirus Aid Relief and Economic Security (CARES) Act for Dentists

DentalAccounting

The Coronavirus Aid, Relief and Economic Security Act (CARES Act or Act), which includes cash payments to taxpayers, expanded unemployment insurance, increased funding for healthcare providers, small business loans, and tax relief to businesses. The Act is the third bill from Congress in response to the COVID-19 pandemic.

CPA 100
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Top Remote Accountants of the Week | November 7, 2024

Going Concern

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #23571431 Certifications: CPA in process Education: BBA Accounting, MA Accounting Experience (years): 5+ years of accounting and tax experience Work experience: All in public accounting Performs full cycle accounting and tax preparation Financial compilations and reporting with clients (..)

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Top Remote Accountants of the Week | January 17, 2025

Going Concern

Insurance, Beverage, Professional Services, Medical Practices Tech Stack: TaxSlayer, UltraTax Remote Work Experience: Y Salary: $75-$85k Timezone: Eastern Sign up for FREE to learn more about this candidate FTE Tax Senior / Manager | Candidate ID #5306426 Certifications: IRS CCA, CPA CA Education: BA Accounting, MS Accountancy Experience (years): (..)

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NSAC Offers Employee Retention Credit (ERC) Webinar Aug 23

Nancy McClelland, LLC

The ERC has been in the news quite a bit lately due to aggressive tactics by non-CPA firms claiming to be able to apply for these credits on behalf of business owners. (We’ll However, the rules regarding whether or not a business qualifies are complex, and best performed by a knowledgeable professional.