ThomsonReuters

APRIL 1, 2021

Torres v. Starbucks Corp., 2021 WL 964219 (M.D. Fla. 2021). An employee and another employee’s spouse sued the employer in this case in a proposed class action lawsuit, seeking damages and an injunction because the employer provided them deficient COBRA election notices. The employer filed a motion to compel arbitration, arguing that the lawsuit violated agreements that required individual arbitration of claims arising from the employer’s group health plan.

tax 98

tax Account accountant accounted 98

CapataCPA

APRIL 1, 2021

How to Handle a Self-Directed IRA Traditional and Roth IRAs are great tools to use for financial, estate, and retirement planning. One way individuals “turbocharge” their IRA’s performance is to use a self-directed IRA, which is able to hold alternative investments that offer potentially higher returns. Although this is a useful feature, there could be some tax-traps that have.

cpa firm 52

cpa firm cpa tax 52

ThomsonReuters

APRIL 1, 2021

QUESTION: One of our employees just lost her coverage under our dental plan when she went from full-time to part-time. Can she pay her COBRA premiums on a pre-tax basis through our cafeteria plan? ANSWER: Assuming she is still eligible to participate in the cafeteria plan as a part-time employee, your employee can pay COBRA premiums on a pre-tax basis.

tax 95

tax Account accountant accounted 95

RitaKeller

APRIL 1, 2021

“Here cometh April again, and as far as I can see the world hath more fools in it than ever.” – Charles Lamb. I thought of playing an April Fool’s joke on you but then had second thoughts…. things like: A new survey tells us that Firm Administrators’ average salary for 2021 will be $250,000. The AICPA has mandated that for 2022 firms must abandon Saturday work hours from Jan. 1 until May 1.

cpa firm 52

cpa firm cpa 52

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

APRIL 1, 2021

IRS Notice 2021-21 (Mar. 29, 2021); IRS News Release IR-2021-67 (Mar. 29, 2021). Notice. News Release. In response to the continuing COVID-19 emergency, the IRS has offered deadline relief for 2020 federal income tax returns that also extends the deadline for 2020 contributions to HSAs, IRAs, and certain other accounts. In addition, the relief extends the time for filing and furnishing certain retirement-related forms.

income tax 52

income tax tax return tax Education 52

Withum

APRIL 1, 2021

98

98

Withum

APRIL 1, 2021

Arizona 52

Arizona tax 52

TaxConnex

APRIL 1, 2021

Every state can apply tax exclusions on goods and services within their state. This means the good or service is non-taxable for all customers purchasing the item. However, there are further tax-exempt purchases. Tax exemptions can also be applied at the customer level as opposed to the product level. Exemption certificates generally fall into two categories: 1.

Sales 223

Sales tax Manufacturing Education 223

ThomsonReuters

APRIL 1, 2021

Atkins v. CB&I, L.L.C., 2021 WL 1085807 (5th Cir. 2021). Available at [link]. An employer promised to pay construction project employees a 5% bonus for working until completion of their assigned tasks on the project. Several employees who quit early, and thus did not receive the bonus, sued in state court, claiming that the bonus arrangement violated a state wage law.

Construction 52

Construction tax Account accountant 52