Landmark Member Named Chairman of ARCPA
Landmark member Randy Milligan has been appointed Chairman of the Arkansas Society of Certified Public Accountants (ARCPA), effective April 1, 2020.
Author: Andrew Litchford
Posts by Andrew Litchford
The CARES Act and Construction: Keeping an Eye on Taxes
Let’s look at three issues that contractors should keep an eye on in light of the CARES Act: payroll, losses and qualified improvement property.
Landmark Member Appointed to AICPA’s Auditing Standards Board
Landmark PLC member Sherry Chesser has been appointed to the AICPA Auditing Standards Board (ASB), the AICPA’s senior committee for auditing, attestation, and quality control applicable to the performance and issuance of audit and attestation reports for non-issuers.
The CARES Act Makes Favorable Changes to Net Operating Losses
You may be able to benefit by carrying a net operating loss (NOL) into a different year — a year in which you have taxable income — and taking a deduction for it against that year’s income.
Cash Flow Series: How Cash Flow Forecasts can Help Your Business
Cash flow reveals a lot about the health of a company, and cash flow forecasts can help ensure future needs are met.
Hiring Independent Contractors? Make Sure They’re Properly Classified
As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should be careful that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be an expensive mistake. The question of whether a worker is an
Succession Planning Series: Tax Implications of Your Exit Plan
The tax implications of your exit plan will vary depending on the strategy you choose. Here are some common exit plans.
CARES Act Makes Favorable Changes to “Qualified Improvement Property”
The CARES Act contains a beneficial change in the tax rules for many qualified improvement properties.
Making Donors’ Money Count with Effective Altruism
Effective altruism is commonly described as a philosophy that uses evidence and reasoning to determine the most effective ways to benefit others.
COVID-19 Employment Tax Deposit Relief Guidance Issued by IRS
The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to the refundable tax credits provided under two laws passed in response to the coronavirus (COVID-19) pandemic.