In the News

Copyright 2021
Buying another construction firm can be an attractive way to grow your company's revenue base. A merger or an acquisition can allow you to: •Add a new subcontracting specialty, •Acquire an experienced labor force to reach new markets, and •Deepen your penetration into the market your firm already serves.
Copyright 2021
Nursing homes and personal-care facilities present many health and safety risks for their employees. In fact, combined with patient violence against employees, the situation has become so serious that the Occupational Safety and Health Administration (OSHA) has made nursing homes a top priority for safety inspections.
Copyright 2021
What should you do if your not-for-profit organization is short on employees and you don't have the funds or confidence in the future to return to full staffing? Outsourcing may be the answer.
Copyright 2021
Whether the residential real estate market is up or down, there are always homeowners who want to — or have to — sell their homes. If you're a prospective seller making your property look like a model home in the hopes of raking in a nice profit, now is a good time to review how taxes will factor into the transaction. With the home sale gain exclusion tax break, the profit from selling your principal residence might be free from federal income taxes (and possibly state income taxes too). The rules are straightforward for most sellers.
Copyright 2021
The Equal Employment Opportunity Commission (EEOC), the investigator and enforcer of the federal job discrimination laws, is trying to put itself in your shoes. On its website, the EEOC introduces its treatment of retaliation this way: "Receiving a charge or complaint of discrimination can be frustrating especially when you're confident you've done nothing wrong. You may want to confront the employee who filed the complaint to demand an explanation, assert your innocence or insist that he withdraw the complaint."
Copyright 2021
Attempts to claim write-offs for bad debt losses have fueled controversies with the IRS for many years. Unfortunately, bad debt losses are increasingly common during the COVID-19 pandemic. Here's an overview of the federal income tax treatment of these losses.
Copyright 2021
Financial statements are a must-have for any organization. The balance sheet reveals how much its assets and liabilities are worth based on historic costs. The income statement tells investors and lenders how profitably and efficiently the company has performed during the accounting period. The statement of cash flows details sources and uses of cash from operating, investing and financing activities. All this is relevant information for company insiders, as well as for lenders, bonding companies and other stakeholders.
Copyright 2021
When it's time to negotiate or renegotiate a physician's employment contract, there are critical issues that must be understood and settled. The fulfillment and career potential of the phsician and the success of the practice depend on it.
Copyright 2021
A contribution to a charity isn't always a tax-deductible contribution for the donor, as in the case of "quid pro quo" donations. This exchange of one thing for another happens when a charity receives a payment that includes a contribution and, in return, provides the donor with goods or services valued for less than the total payment.
Copyright 2021
When you hire a nanny, housekeeper or other domestic worker, pay close attention to the tax rules.

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