Disaster Tax Relief and Airport and Airway Extension Act of 2017 expands the application of disaster-related tax relief to the hard-hit US Virgin Islands and Puerto Rico.
The I-9 Form updated 7/17/17 must be used for all new hires starting today, 9/18/17. The form can be found on the U.S. Citizenship and Immigration Services' (USCIS) website at https://www.uscis.gov/sites/default/files/files/form/i-9.pdf.
Related read: What to know if you are planning to hire in the coming weeks
On September 7, 2017, Equifax, one of the three main credit reporting agencies, announced a massive data security breach that, according to the
Wall Street Jurnal, exposed vital personal identification data — including names, addresses, birth dates, and Social Security numbers — on as many as 143 million consumers, roughly 55% of Americans age 18 and older.
This data breach was especially egregious because the company reportedly first learned of the breach on July 29 and waited roughly six weeks before making it public (hackers first gained access between mid-May and July) and three senior Equifax executives reportedly sold shares of the company worth nearly $2 million before the breach was announced.
DOWNLOAD: FREE Ebook - Income Tax Return Fraud and Identity Theft
Moreover, as CNN points out, consumers don't choose to do business or share their data with Equifax; rather, Equifax — along with TransUnion and Experian, the other two major credit reporting agencies — unilaterally monitors the financial health of consumers and supplies that data to potential lenders without a consumer's approval or consent.
Brett Neate Featured Speaker at Wire-Net Event
Brett W. Neate , Taxes - Corporate & Business , Business - Management, Issues & ConcernsLearn “5 Things Every Business Owner Should Do Before December 31” during WIRE-Net’sOctober workshop, Thursday, October 12 at Cuyahoga Community College’s Advanced Technology Training Center. The event is open to members and non-members.
Partner Brett Neate will educate business owners and decision makers as they face the Q4 flurry of activity that is critical to accurately closing 2017 and properly preparing for 2018.
The full-morning session will address business succession, inventory and fixed assets, financial statement preparation, compensation and budgeting, and daily management of a business.
What we're reading today:
What We're Reading... Cities continue to fight with state over tax collections
Taxes - Corporate & Business , Zinner NewsThe idea is to make it easier for businesses to pay their municipal net profits taxes.
Financial planning at any age can be challenging, and more so, when one is approaching or a few years removed from turning 30. So many life-changing events that ultimately, affect one's personal budget.
Every so often, we come across a
great article that catches our attention and hits the nail on the head. We are thrilled to share this great read with you from
Anne Bucciarelli and the folks at Bernstein.com.
Did you like it too? Drop us a line; we'd love to hear from you and should you have any questions about financial planning, tax strategies, or business advisory, we're happy to help and ready to start the conversation. Contact us at 216.831.0733 or info@zinnerco.com
IRS Gives Tax Relief to Victims of Hurricane Harvey; Parts of Texas Now Eligible; Extension Filers Have Until Jan. 31 to File
Taxes - Corporate & Business , Taxes - Planning, Rules and Returns , Taxes - Individual , IRSAug. 28, 2017 WASHINGTON –– Hurricane Harvey victims in parts of Texas have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today.
Fiscal Fitness: How understanding financial statements will help you assess your company’s health
Business - Management, Issues & Concerns , Richard Huszai, CPAMany business operators, regardless of background, are charged with some degree of fiscal oversight. While some may have a basic understanding of the information listed on their company’s financial statements, the majority are not accountants, nor have they had training that covers the detail contained within their financial statements.
The Western Reserve Historical Society was the perfect setting for the Smart Business Magazine Business Longevity Awards celebration held August 3.
The firm, along with 43 other regional companies, were lauded for 50+, 75+, or 100+ years in business. “We’re thrilled to again be recognized by Smart Business Magazine for our 79 years in business and more so, that we are able to serve clients, many who are multi-generational, with solid, sustainable, and practical accounting, tax, and consulting services,” said Brett Neate, CPA, Partner.
(L to R: Partners Brett Neate, Howard Kass, Sue Krantz, Gabe Adler. Not pictured, Robin Baum)
The firm, along with 43 other regional companies, were lauded for 50+, 75+, or 100+ years in business. “We’re thrilled to again be recognized by Smart Business Magazine for our 79 years in business and more so, that we are able to serve clients, many who are multi-generational, with solid, sustainable, and practical accounting, tax, and consulting services,” said Brett Neate, CPA, Partner.
(L to R: Partners Brett Neate, Howard Kass, Sue Krantz, Gabe Adler. Not pictured, Robin Baum)
Have Nagging Financial Questions?
