Posted by Katie Faysal on February 28, 2018
While the business and individual provisions of the Tax Cuts and Jobs Act (TCJA) are currently the focus of attention for many, those responsible for employee benefit plan administration need to be aware of the TCJA provisions that impact day-to-day employee benefit plan administration. As the TCJA was implemented January 1, 2018, it’s imperative that administrators act now to review plan operations and ensure compliance. Changes to Taxable Wages Several items that were previously excluded from taxable wages are now required to be included in gross wages and subject to taxes. These items include the following: Employee achievement awards …
Posted by Julie Killian on December 19, 2017
Over the past several months Clayton & McKervey has provided information about the new revenue recognition standard released by the Financial Accounting Standards Board …
Clayton & McKervey Shareholders Tim Finerty and Sarah Russell hosted a webinar, "Maximizing Tax Savings for System Integrators & Automation Companies," produced by the Robotic Industries Association (RIA). The presentation discussed recent changes in legislation and the current eligibility requirements for companies interested in benefitting from R&E tax credits.