I am going to give you the highlights of four very critical items which may impact you in 2016 and beyond.
1. ACA 1094 and 1095 2. SSARS 21 3. SSA changes to drop file/suspend and restricted application 4. DOL/FLSA increase in wage base for exempt employees
1. ACA 1094 and 1095
Forms 1094 and 1095 are forms you should become familiar with...
The IRS has had an Offshore Voluntary Disclosure Initiative (OVDI) now for approximately seven years. What began as a temporary OVDI program is now indefinite until further notice. However, seven years later, taxpayers have more options to choose when deciding the best method to disclose their foreign activities.
Traditional OVDI Program – 27.5%...
The need for CPA reviews may explode when Jumpstart Our Business Startups (JOBS) Act stock offerings begin this May. Section 4 of the Securities Act of 1933 is amended to permit crowdfunding investments in emerging growth companies (EGC) of up to $1 million annually. Signed April 5, 2012, the JOBS Act recognized equity crowdfunding as an offering of...
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