True to their name, recently created qualified opportunity zones (QOZs) may raise attractive opportunities for contractors.
The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs).
The IRS has issued guidance clarifying that certain forgiven expenses aren’t deductible if a business has received a Paycheck Protection Program (PPP) loan.
While the CARES Act made several changes to unemployment, the normal rules and processes still apply if an employee refuses to return to work.
The classification of workers as independent contractors or employees has significant implications — both tax and nontax — for all businesses.
In order to incentivize charitable giving, the CARES Act made some liberalizations to the rules governing charitable deductions.
Landmark member Randy Milligan has been appointed Chairman of the Arkansas Society of Certified Public Accountants (ARCPA), effective April 1, 2020.
Let’s look at three issues that contractors should keep an eye on in light of the CARES Act: payroll, losses and qualified improvement property.
Landmark PLC member Sherry Chesser has been appointed to the AICPA Auditing Standards Board (ASB), the AICPA’s senior committee for auditing, attestation, and quality control …
You may be able to benefit by carrying a net operating loss (NOL) into a different year — a year in which you have taxable income — and taking a deduction for it against that …