Category: Tax

Article Highlights: New U.S. Department of Labor Rule Prior Rule Rescinded Effect on ABC Test Used by Some States New Six Factor Test o   Opportunity for Profit or Loss Depending on Managerial Skill o   Investments by the Worker and the Potential Employer […]

In the wake of the pandemic, remote work has become the new norm for many American workers. As businesses across a wide range of industries have shifted to a remote model, employees and employers alike have experienced numerous benefits such […]

Article Highlights: Sec1202 – Qualified Small Business Stock (QSBS) Exclusion Periods & Exclusion Percentages Maximum Exclusions Strategies Shareholder Qualifications Corporate Level Requirements Retaining QSBS Status Employee Benefits State Taxation Conversions of an Existing Business Rollovers IRC Sec 1202, Qualified Small […]

Article Highlights: Estate and Gift Tax Personal Exemptions Standard Deductions Home Mortgage Interest Deduction Limitation on Tax Deductions (SALT) Suspension of Tier 2 Miscellaneous Itemized Deductions Suspension of the Limitation on Itemized Deductions Individual Tax Rates Child Tax Credit Special […]