CariAnn Todd is a Principal for BeachFleischman, where she directs the firm’s Employee Benefit Plan Group and serves as a member of the Accounting & Assurance Department.
The IRS’s new Voluntary Disclosure Program may provide employers relief from penalties related to ineligible Employee Retention Tax Credit claims.
The IRS has created a path that businesses can use to withdraw unprocessed ERTC claims if they determine the claims are invalid.
With fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through year end.
Which areas of your organization’s financial statements pose the greatest risk of material misstatement? Here’s a recent report that may help identify high-risk accounts and transactions.
Should your company report tax positions taken (or to be taken) on tax returns before they’re resolved with the tax authorities? Here’s an overview of the accounting rules for uncertain tax positions under U.S. GAAP.
When reviewing a company’s financial statements, you may wonder: What are deferred taxes and how does the company quantify them? Wonder no more.
The tax-advantaged retirement plan contribution amounts will be much higher next year than they’ve been in recent years. The reason? Inflation. Find out how much can be saved in 401(k)s, SEP plans, IRAs and more.
Business owners: If combining an employee retirement plan with a succession planning vehicle intrigues you, check out an ESOP.
The sun has set on the valuable Employee Retention Credit. Here’s what happened.
Do you have a business that received a PPP loan and now you are considering a change in ownership, like a sale, purchase of a competitor or even adding a new partner? There are several different things that need to be considered before any transaction in order to preserve your ability to get PPP loan forgiveness. Here are the questions you should be asking before you sign on the dotted line.