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Tag: tax


Tax Code, Regulations and Guidance

Weekly IRS Roundup September 13 – 17, 2021

September 22, 2021

Via: JD Supra

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 13, 2021 – September 17, 2021. September 13, 2021: The IRS issued a news release concerning resources available to […]


Business Law & Regulations, Finance

Regulation Is Coming to the Crypto Business

September 17, 2021

Via: Entrepreneur

For the last decade, crypto businesses have operated largely outside of the reach of global regulators. Entrepreneurs have created vast fortunes offering financial products that are not constrained by financial regulations. All of that is about to change. This week […]


Business Law & Regulations, Finance

Form 4868: Application for Extension Definition

September 14, 2021

Via: Investopedia

If you can’t file your federal income tax return by the filing deadline, you can get an extension just by asking for it. You just need to submit an Internal Revenue Service (IRS) extension form, known officially as Form 4868: […]


Business Law & Regulations, Workplace Safety & Health

NY HERO Act Plans ACTIVATED – Employer Action Required

September 10, 2021

Via: JD Supra

The New York State Commissioner of Health has designated COVID-19 as a “highly contagious communicable disease that presents a serious risk of harm to the public health.” This means that the HERO Act’s many requirements are no longer theoretical: Almost […]


Business Law & Regulations, Finance

Deadlines for 2021 Estimated Taxes

September 9, 2021

Via: Investopedia

When Are Quarterly Taxes Due? People who work for companies have estimated taxes withheld from their paychecks, but independent contractors, business owners, and those who live on investment income are required to proactively pay estimated taxes on a quarterly basis. […]


Business Law & Regulations, Employment & Labor

California Equal Pay Act’s ‘Substantially Similar’ Standard Follows Federal Law

September 9, 2021

Via: SHRM

A 2016 amendment to the California Equal Pay Act (EPA) did not change what a worker must show to prove a violation, a California appeals court ruled. The standard prior to the amendment was consistent with the federal standard and […]


Know Your Rights

DOJ sues to block Texas abortion law, cites conflict with federal constitutional duties

September 9, 2021

Via: ABA Journal

The U.S. Department of Justice sued the state of Texas on Thursday in a bid to block its law that bans abortions at about six weeks of pregnancy. U.S. Attorney General Merrick Garland announced the filing of the lawsuit in […]


Tax Code, Regulations and Guidance

This Is the Year to Lock In All 3 Opportunity Zone Tax Perks

September 3, 2021

Via: Entrepreneur

With this year’s strong stock and property markets, figuring out how to minimize capital gains tax may be top of mind for investors. Qualified opportunity funds can provide tax advantages, but acting fast makes a difference: You can reap the […]


Business Law & Regulations, Finance

Compromising with the IRS

September 3, 2021

Via: LexBlog

Many people end up owing the IRS for many reasons and there are various options to resolve your tax debt. Some of the options include an offer in compromise, installment agreement, or currently non-collectible status. What is an Offer in […]


Business Law & Regulations, Finance

How to Do Payroll in Utah: What Every Employer Needs to Know

August 31, 2021

Via: Fit Small Business

Doing payroll in Utah is more straightforward than in many states. Utah has a flat income tax, making it easy to compute the amounts you need to withhold from employee paychecks; however, it also has some specific HR laws you […]