Certified Public Accountants and Business Consultants | Serving Clients & Community Since 1972
The U.S. Department of Labor (DOL) recently issued the final new rule to be used in determining if a worker is a contractor or an employee under the Fair Labor Standards Act (FLSA).
What is the SECURE Act of 2022?
“Setting Every Community Up for Retirement Enhancement” (SECURE) Act of 2022, is a piece of legislation that aims to make retirement savings more accessible and secure for everyday people. It introduces a series of changes designed to address the evolving needs of individuals as they plan for their golden years. The SECURE Act 2.0 was signed into law on December 29, 2022, and expanded on the SECURE Act of 2019.
From tinker toys to ticker tapes…
From elves to document shelves…
From “It’s Santa!” to “Oh my Lanta, you wanna deduct what!?”
As we start the new year and head towards another tax season, we are fortunate that we will not have quite as many updates or tax changes as in years past, but that does not mean there are not any new rules that impact taxpayers.
