xendoo

JANUARY 6, 2022

The Details Matter . A crucial component of being a small business owner is meeting certain tax requirements in order to remain compliant in the eyes of the IRS. It can feel overwhelming to keep track of every rule and deadline, especially while juggling countless other business responsibilities day in and day out. . That is why the Xendoo team has created this guide to help business owners stay on top of their tax requirements, remain compliant throughout the year, and effortlessly maximize the

Tax 59

Tax bookkeeping income tax business tax 59

ThomsonReuters

JANUARY 6, 2022

Field Assistance Bulletin No. 2021-03: Temporary Enforcement Policy Regarding Group Health Plan Service Provider Disclosures Under ERISA Section 408(b)(2)(B) (Dec. 30, 2021). FAB. News Release. The DOL has announced a temporary enforcement policy for fee disclosure requirements that apply to certain group health plan service arrangements. As background, ERISA’s prohibited transaction exemption for reasonable service provider arrangements was amended by the Consolidated Appropriations Act, 2021 (

audit 98

audit Tax Account accountant 98

AccountingDepartment

JANUARY 6, 2022

When it comes to outsourcing a business's accounting and bookkeeping, there is no wrong time. Every time is the right time because that just means the business will benefit from the advantages of working with an outsourced accounting and bookkeeping service provider sooner.

bookkeeping services 79

bookkeeping services bookkeeping business accounting Account 79

ThomsonReuters

JANUARY 6, 2022

QUESTION: When our employees travel for business, they earn frequent flyer miles. Do we have to treat those miles as taxable if employees use them for personal reasons (e.g., to buy vacation travel)? ANSWER: Many employers allow their employees to make personal use of frequent flyer miles earned on business travel. This can be a significant benefit.

Tax 98

Tax Account accountant accounted 98

Advertiser: Paycor

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

DMCL

JANUARY 6, 2022

We’re excited to announce four new additions to our partnership effective January 1, 2022. From home grown talent to recent team additions, each of these individuals has demonstrated exceptional skills and leadership, and we’re excited to see them continue to grow in the next chapter of their careers. Please join us in congratulating Jay Park , John Yeum , Marcus Brandt and Travis Knapton !

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52

ThomsonReuters

JANUARY 6, 2022

U.S. Department of Labor Supplemental Statement on Private Equity in Defined Contribution Plan Designated Investment Alternatives (Dec. 21, 2021); DOL News Release 21-2132-NAT (Dec. 21, 2021). Statement. News Release. The DOL has issued a statement that supplements its 2020 information letter regarding designated investment alternatives with a private equity component (see our Checkpoint article ).

Account 97

Account accountant accounted Tax 97

ThomsonReuters

JANUARY 6, 2022

2021 Form 5500, Schedules, and Instructions; Revision of Annual Information Return/Reports, 29 CFR Part 2520, 86 Fed. Reg. 73976 (Dec. 29, 2021). Form 5500 Series. Final Forms Revisions. News Release. The DOL, IRS, and PBGC have released informational copies of the 2021 Form 5500 series, including schedules and instructions. The 2021 instructions include certain changes that the DOL proposed in September 2021 (see our Checkpoint article ) and has now finalized.

financial statements 52

financial statements Account accountant accounted 52

IgniteSpot

JANUARY 6, 2022

Account 98

Account accountant accounted 98

ThomsonReuters

JANUARY 6, 2022

IRS Notice 2022-04 (Dec. 21, 2021). Available at [link]. The IRS has announced the annual increase in Patient-Centered Outcomes Research (PCOR) fees that must be paid by health insurers and self-insured health plan sponsors. PCOR fees were established by the Affordable Care Act (ACA) and are used to support clinical effectiveness research. Because the ACA provision included an expiration date, PCOR fees originally were collected only for plan years ending before October 1, 2019.

Tax 52

Tax Account accountant accounted 52

Withum

JANUARY 6, 2022

Government 75

Government 75

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.

ThomsonReuters

JANUARY 6, 2022

Revenue Procedure 2022-11 (Dec. 28, 2021). Available at [link]. The IRS has issued Revenue Procedure 2022-11, which provides the indexing factor to be used by group health plans and insurers to calculate the qualifying payment amount (QPA) under the No Surprises Act for items or services provided on or after January 1, 2022, and before January 1, 2023.

Tax 52

Tax Account accountant accounted 52

RitaKeller

JANUARY 6, 2022

“Brevity is the soul of wit.” – William Shakespeare. In the CPA profession, the main communication tool continues to be email. Males and females often have very different styles in writing emails (or correspondence, in general). Maybe you have noticed the following examples. Jane and Tom received an email from an attorney (Mike) about having a lunch meeting on Friday at noon at Local Cafe about the Jones account.

CPA 9

CPA Maine Account accountant 9