by Controllers Council | Aug 20, 2020 | Legislation, Tax
If you hadn’t seen the news announced earlier this month, President Trump signed an Executive Order on August 8 to break the stalemate in Congress. Though offering a much broader continuation of benefits released under the CARES Act, one of the key provisions was one...
by Controllers Council | Aug 19, 2020 | Tax
Life death and taxes—or so the saying goes. But for many taxpayers, there’s another constant: Tax Scams. Whenever there is money to be made, some unscrupulous individual is going to attempt to grab a piece of the pie, and are willing to target both individuals and...
by Controllers Council | Aug 12, 2020 | Tax
With the lockdowns continuing, many businesses struggling to stay in the black may be looking for some kind of good news. Maybe that good news is seeing the lockdowns lifted, maybe it’s finding a way to adapt to the “new normal,” or maybe it’s a legislative change...
by Controllers Council | Jul 21, 2020 | COVID-19, Tax
As the person in charge of the financial dealings of your firm, COVID has presented a lot of challenges. Keeping the lights on has been a challenge for some controllers, but what about the fallout? Following our last blog documenting the different approach you need to...
by Controllers Council | Jun 25, 2020 | Legislation, Tax
It’s hard to run a small business. Money seems to always be tight, it feels like next month may be your last, and seemingly worst of all, the only tax changes that seem to affect you are the ones written to increase your costs. Though the Tax Cuts and Jobs Act did...
by Controllers Council | Jun 23, 2020 | Legislation, Tax
The world continues to change. Though everyone did benefit from the Tax Cuts and Jobs Act of 2017, certain nuances were made apparent in the wake of the COVID-19 outbreak. In a recent letter from the AICPA to Congress, the leading accounting body looked to address...