Infrastructure Law Sunsets Employee Retention Credit Early
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has retroactively terminated it before it was scheduled to end. Continue Reading Infrastructure Law Sunsets Employee Retention Credit Early
Help ensure your partnership or LLC complies with tax law
/in Tax/by KKB CPAsGuaranteed payments to partners and payments to retired partners are just two of the tax issues that should be addressed in your partnership (or LLC operating) agreement. Here are the details. Continue Reading Help ensure your partnership or LLC complies with tax law
Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision
/in Tax/by KKB CPAsIf your business is creating a partnership agreement or LLC operating agreement, it should include tax-related specifications. Here are some key points. Continue Reading Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision
Restricted gifts: What to do when strings are attached
/in Tax/by KKB CPAsMost nonprofits won’t say “no” to restricted gifts, but these donations are harder to handle than unrestricted ones. To minimize risk, develop restricted gift policies and follow them. Continue Reading Restricted gifts: What to do when strings are attached