Recent Developments

U.S. Supreme Court Blocks OSHA’s COVID-19 Vaccinate-or-Test Rule

On January 13, 2022, the United States Supreme Court issued a stay of the Occupational Safety and Health Administration’s (OSHA) COVID-19 Vaccination and Testing Emergency Temporary Standard (ETS)

2021 Fraud Review: Watch Out for These Financial Scams

Here’s an overview of the common fraud scams in play today, along with ways perpetrators persuade victims to let down their guards.

To Franchise or Not to Franchise

Instant brand recognition and the security of belonging to a group with a track record can be appealing. But there are also disadvantages to consider before buying a franchise. Here’s a look at the pros and cons of taking this route to going into business for yourself.

Feast on Bigger Tax Deductions for Business Meals

Wining and dining customers can provide tax deductions. In fact, the deduction for business meals has been doubled from 50% to 100% of the cost of restaurant-provided food and beverages for the 2021 and 2022 tax years. The temporary deduction includes sales tax, delivery charges and tips. Recent IRS guidance extends this favorable tax treatment to the meal portion of travel per diems paid or incurred for the 2021 and 2022 tax years.

New York Paid Sick Leave Regulations and HERO Act Regulations

New York State Department of Labor Adopts New York Paid Sick Leave Regulations and Proposes New York HERO Act Regulations

Start Succession Planning Now

Don’t wait one moment longer. Succession planning for family businesses is often complicated and even emotional. Creating a clear and cohesive plan for how ownership will pass to the next generation is critical to avoiding conflicts that could harm or even end the company. This article discusses strategies that family business owners should consider when developing a solid succession plan.

Prioritize Your Insurance Needs

Some types of insurance coverage are essential, such as auto insurance if you drive a car or a homeowner policy if you own a home. But other types are strictly a matter of priorities and depend on factors such as your age, health, and family members. How can you begin to sort it out?

4 Big Charitable Tax Breaks for 2021

Charitable giving is often rewarded with federal income tax breaks. Recent legislation includes four temporary expansions of the breaks for individuals and businesses that donate to qualified charities through the end of 2021. Here’s an overview of these provisions, which Uncle Sam hopes will encourage you to make additional charitable contributions during the COVID-19 pandemic.

Becoming a Great Place to Work: It’s Not About the Money

What are the ingredients of a great workplace — the kind of place where employees stick around and work hard? They may not be what you think, and you don’t have to be a huge “hip” company like Google or Apple to make it happen. The Gallup Organization has been studying the question for years, and has come to some conclusions. Read on to find out what Gallup has discovered — and what you can do to leverage the research firm’s insights.

20 FAQs About Required minimum distributions (RMDs)

Required minimum distributions (RMDs) from qualified retirement plans and IRAs were suspended for the 2020 tax year under the CARES Act. But the reprieve was only temporary. So, people who previously took RMDs must resume distributions in 2021, while anyone who turned 72 last year or will turn 72 this year must start taking RMDs. Here are answers to common questions about the RMD rules.