Mon.Jan 24, 2022

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News Alert: IRS Announces Some Changes to the Schedule K-2 and K-3 Instructions

Withum

Last week the IRS announced some changes to the Schedule K-2 and K-3 instructions. The update includes some additional language around who has to file the Schedules K-2 and K-3. The instructions now indicate that a partnership with no foreign source income, no assets generating foreign source income, and no foreign taxes paid or accrued may still need to report information on Schedules K-2 and K-3.

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Is My Startup Ready for a Fractional CFO?

BurklandAssociates

The fractional CFO model has seen a big rise in popularity among startups in recent years. Solid financial guidance is one of the keys to scaling a startup, and a Read More. The post Is My Startup Ready for a Fractional CFO? appeared first on Burkland.

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Employer Vaccine Mandates, Worker Refusals, and Unemployment Benefits

ThomsonReuters

Overview. The U.S. Supreme Court settled the issue of the COVID-19 vaccine mandate for certain employers under the Occupational Safety and Health Administration’s (OSHA) Emergency Temporary Standard (ETS) on January 13, 2022, by blocking its implementation. However, it ruled in favor of the Centers for Medicare and Medicaid Services (CMS) emergency regulations for COVID-19 vaccine requirements for certain healthcare workers. .

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Supplemental Tax Rates by State [+ When to Use Them]

Patriot Software

Generally, paying employees hourly or salary wages is a straightforward process. But, what happens when you pay employee commissions or bonuses? You may need to use a supplemental flat tax rate for federal and state income taxes. Not all states require supplemental tax rates. So, take a look at the supplemental tax rates by state […] READ MORE.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Project Record Creation within NetSuite

AccountingDepartment

NetSuite has several important project management tools. This includes tracking time and costs and paying any vendors used in the project.

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10 Steps for Selecting a Manufacturing ERP System

Withum

A good Enterprise Resource Planning (ERP) project like selecting a manufacturing ERP system involves an IT team, and maybe even external consultants. But a great ERP selection project holistically involves vital people from all business areas affected. It keeps everybody informed about the transparent process and provides valuable feedback. Whether it’s process automation or standardization, critical drivers of any future growth rely on a robust system executed by a team that collaborates.

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On-Demand Webinar: Law Firm Strategy Considerations in 2022 – Insights from Withum’s Law Firm Leadership Survey

Withum

Listen in to this on-demand webinar for Managing Partners, Firm Chairs and C-suite executives, where our Law Firm Advisory team discusses the most pressing issues in 2022. Topics include: The war for talent The evolving workplace Department and practice group management Firm culture and DEI initiatives. A renewed focus on marketing and business development Leadership and client succession planning Technology, cybersecurity and innovation initiatives.