No company can afford to operate without the right accounting software. When considering whether to buy a new product or upgrade their current solutions, however, business owners often fall prey…
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On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an employee’s share of Social Security tax when wages are below…
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On August 26, 2020, the SEC announced amendments to Regulation S-K. The changes are intended to modernize disclosure requirements in Item 101 (description of business), Item 103 (legal proceedings), and…
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On August 8, 2020, President Trump signed an executive memorandum that defers an employee’s portion of Social Security taxes from September 1 through December 31, 2020. At this point, the taxes are…
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The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among other things, it extends favorable tax treatment to qualified individuals who take…
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Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external auditors are no exception. Fortunately, in recent years, YHB has been…
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