How Remote Work Triggers Nexus The rise of remote work has transformed how businesses operate, providing flexibility and convenience for both employers and employees. However, along with its benefits, remote
IRS Freezes New Employee Retention Credit (ERC) Claims: What You Need to Know
By Fernando Jimenez The IRS announced on September 14th that it has put a hold on processing all new Employee Retention Credit (ERC) claims through the end of 2023. The
IRS Issues Guidance on New Retirement Catch-Up Contribution Rules
By Fernando Jimenez In December 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act. Among other things, the sweeping new law made some significant
Navigating State Tax Implications in the Remote Work Era – Part 1
By Alex Sneed The rise of remote work has transformed the traditional office landscape, enabling individuals to work from anywhere in the world. While flexibility has advantages, it also brings
Assemblymember Alex Lee’s Wealth Tax – Is It Time to Leave California?
For the third year in a row, Assemblymember Alex Lee (D-San Jose) has introduced a wealth tax, AB 259, along with a proposed constitutional amendment, ACA 3, which would tax
The IRS Warns Businesses About ERTC Scams
By Fernando Jimenez The airwaves and internet are inundated these days with advertisements claiming that businesses are missing out on the lucrative Employee Retention Tax Credit (ERTC). While some employers
Cracking the Code: How Quality of Earnings Influence Decision-Making
By Gordon MacLean and Ian Lawson A Quality of Earnings (QofE) report plays a crucial role in assessing the financial health and reliability of a company’s earnings. It provides insights
IRS Provides Transitional Relief for RMDs and Inherited IRAs
By Fernando Jimenez Three years later, in December 2022, the SECURE 2.0 Act increased the RBD age for RMDs further. This year the age increased to 73, and it’s scheduled to
Social Security’s Future: The Problem and the Proposals
By Fernando Jimenez Recent reports have raised anew concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has long been considered a “third