A third version of the Build Back Better Act was released last week, which increases the state and local tax deduction, brings back many of the retirement proposals from the original 9/13 draft of the Act, and retains the surcharge on high-income individuals, estates and trusts from the 10/28 version.
After months of negotiations, the White House has released a framework for the Build Back Better Act, a $1.75 trillion package of social infrastructure measures paid for by tax increases.
Organizations are wondering if they’ll be able to match last year’s record-breaking #GivingTuesday campaign. Here are some common elements to successful campaigns.
At DMLO, we don’t mess around when it comes to Halloween contest fun. There are some seriously creative people and amazing cooks and bakers on our team!
The Core Deposit Intangible (CDI) and the financial reporting requirements related to ASC 805 – Business Combinations have come back into focus as bank-related mergers continue to accelerate.
Impacts of the chip shortage will ripple through global supply chains for years to come. This interview addresses some key steps to help preserve business continuity.
DMLO is excited to announce that CPA Quinn Hart has joined the Corydon, Indiana office as a Director.
We’ve put together a business document checklist of records to compile that you can access easily in the event you undergo an IRS audit. It is also a handy resource to have when meeting with advisors.
Monitoring retirement plan service providers to ensure they are achieving the objectives set out at the beginning of the relationship is a good practice for plan sponsors.
Retirement plan benefits continue to be impacted by legislation attempting to address key issues and challenges facing today’s workers.
Customer demand for convenience and flawless digital experiences are on the rise and further fueled by the pandemic. How can the restaurant of the future meet these challenges and thrive?
Real estate industry outlook: the level of interest in all segments of real estate investment will rise in tandem with the fears that inflation is not transitory.
HHS is making available $25.5 billion in new healthcare provider relief funding for those affected by the pandemic, with a focus on equity.
Remote workforce tax implications and other complexities should be considered by employers when evaluating flexible work arrangements.
New tax legislation advances as the House Ways and Means Committee approved a tax package on September 15 that would increase rates on high-net-worth individuals & corporations and affect cross-border activity and pass-through entities.
The telehealth tax checklist highlights information that should be gathered and common issues to consider when assessing federal and state tax obligations as they relate to telehealth.
It is critical that businesses, partnerships, trusts and estates, charities, and other entities with Employer Identification Numbers or EINs update responsible party information within 60 days of change to allow timely notification of indentiy theft or other fraud issues.
When assessing your tax situations for 2021 and subsequent years, consider whether you may benefit from traditional tax accounting method planning, which aims to defer income recognition and accelerate deductions, or “reverse” tax accounting method planning, which does the opposite.
Administrative internships are available in our Louisville (KY), New Albany (IN), or Corydon (IN) office for the upcoming tax season.
Accounting internships are available in our Louisville (KY), New Albany (IN), or Corydon (IN) office for the upcoming tax season.
