On November 9, 2023 the IRS released the 2024 tax brackets, standard deduction and retirement account limits. As a result of the high inflation seen in 2023, brackets will increase by about 5.4% with similar increases seen in other limits.2024 Standard Deduction The...
IRS Releases Tax Brackets and Other Key Limits for 2024
IRS to Pause Employee Retention Credit (ERC) Claims – What’s Next for the IRS and for Employers?
Demystifying the Corporate Transparency Act: A Guide for Businesses
Combating Payroll Tax Evasion and Workers’ Compensation Fraud in the Construction Industry
30 Years of Connecting with Cerini & Associates, LLP
Employee Retention Tax Credit (ERC) Updates
Cerini Connection: Artificial Intelligence and How to Leverage it
New York State’s Minimum Wage Increases and Indexing to Inflation
2023 Business Trends
Are Bonuses Really Taxed Higher?
IRS to Pause Employee Retention Credit (ERC) Claims – What’s Next for the IRS and for Employers?
Sep 28, 2023
As many have heard, on September 14, 2023 the Internal Revenue Service (IRS) has taken the unprecedented step of halting the processing of new claims for the Employee Retention Credit (ERC) through at least December 31, 2023. The halt comes in response to a growing...
Demystifying the Corporate Transparency Act: A Guide for Businesses
Sep 19, 2023
In an era where corporate transparency and accountability are paramount, the Corporate Transparency Act (CTA) stands as a significant milestone in the United States’ efforts to combat money laundering, corruption, and illicit financial activities. Enacted in January...
Combating Payroll Tax Evasion and Workers’ Compensation Fraud in the Construction Industry
Aug 21, 2023
In recent times, the Financial Crimes Enforcement Network (FinCEN) has sounded the alarm about an alarming rise in payroll tax evasion and workers' compensation fraud within the residential and commercial real estate construction sectors in the United States. This...
30 Years of Connecting with Cerini & Associates, LLP
Aug 2, 2023
Celebrate Cerini & Associates, LLP's 30th Anniversary with Ken Cerini, Founder & Managing Partner! Today, we celebrate a milestone: the 30th Anniversary of Cerini & Associates, LLP. From a humble garage start-up to a leading firm with seven partners and...
Employee Retention Tax Credit (ERC) Updates
Aug 1, 2023
Enacted as part of the CARES Act in April 2020 and expanded as part of the Taxpayer Certainty and Disaster Tax Relief Act, American Rescue Plan Act (ARPA) and the Infrastructure Investment and Jobs Act, the Employee Retention Tax Credit (ERC or ERTC) has been a...
Cerini Connection: Artificial Intelligence and How to Leverage it
Jun 13, 2023
June 2023 Cerini Connection Topic: Artificial Intelligence and How to Leverage it Join Edward McWilliams and guest Paul Trapani of LISTnet for our monthly webinar series helping businesses and nonprofits! This discussion will answer: Is artificial intelligence really...
New York State’s Minimum Wage Increases and Indexing to Inflation
May 8, 2023
On May 6, 2023, Governor Kathy Hochul announced an plan to continue to increase New York State's minimum wage for three years and then tie future increases to inflation. The plan is part of the FY 2024 budget agreement and is set to help low-wage New Yorkers keep up...
2023 Business Trends
Mar 10, 2023
As the business world continues to evolve at a breakneck pace, keeping up with the latest trends has never been more critical. Here are some of the more significant trends shaping the economy, leadership, new technology, and staffing issues in today’s business...