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Change is happening more rapidly than ever, and not just in technology. Change is coming from nearly every direction. In order to rise above it, organizations must be prepared for these shifts and learn how to embrace them.
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For many organizations, the thought of establishing a performance-based compensation system can be daunting. Although it can’t be done overnight, this type of change is possible. And it’s likely to help solve a persistent challenge: retaining high performers.
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One rule that taxpayers are starting to feel the effect of is the “section 163(j) limitation,” also known as the business interest deduction limitation. Prior to the TCJA, this rule applied only to certain interest paid or accrued by corporations. However, things now have changed.
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Automation, when implemented correctly, can bring about several benefits. Implementing an electronic work order system, for instance, is an automation tactic that directly benefits fieldworkers. Here’s how it could benefit fieldworkers within your organization.
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There are many tax law changes included in this legislation and we have consolidated the changes that will affect a large number of taxpayers – both individuals and businesses – and explain what affects these laws may have on each group.
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In her new role, Vicki will focus on helping local governments and nonprofit agencies overcome accounting and financial challenges. She has a proven track record of empowering clients to strategically plan for capital improvements, develop long-range financial plans, and improve internal processes.
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The increased mobility of today’s workforce means employees aren’t staying in one job for as long as they did 20 years ago. The impending mass exodus and ever-changing tide of resources present a serious predicament: Organizations must be able to preserve precious institutional knowledge throughout these shifts.
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The finalized 2020 Form W-4 was released on December 4, 2019. Due to the federal tax law changes that took place in 2018, the 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions.
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If you’re a professional service provider with out-of-state clients, it’s important to know where you stand with state and local tax (SALT) obligations. That’s because the rules have changed, thanks in large part to the U.S. Supreme Court’s 2018 ruling in South Dakota v. Wayfair, Inc.
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It is with great sorrow that we announce the passing of our founder, Joseph Abdo. Mr. Abdo established Abdo, Eick & Meyers, LLP in 1963 and believed in hard work, putting the clients first, and giving back to his community—the same values our firm stands by today.
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