Navigating the line between personal and business expenses can be a complex task. It’s a critical aspect of expense management,…
Illinois Initiates $1 Million Grant Scheme to Strengthen Manufacturing
Illinois Initiates $1 Million Grant Scheme to Strengthen Manufacturing The state of Illinois has recently announced a new grant program,…
Nonprofits Pivot from Survival to Resilience: BDO 2023 Nonprofit Standards Benchmarking Survey
The BDO 2023 Nonprofit Standards Benchmarking Survey of more than 250 nonprofits highlights a crucial shift in the nonprofit sector…
Corporate Transparency Act — Beneficial Ownership Information Reporting
The Corporate Transparency Act (“CTA”) was enacted January 1, 2021, as part of the National Defense Authorization Act, representing the…
Small business 401(k) plans – Meet the IL retirement mandate
Many states have begun implementing state laws that require every employer that has been in business for a certain period…
The Employee Retention Credit: What Taxpayers Need to Know
The U.S. government has repeatedly revised the requirements for U.S. taxpayers to claim the Employee Retention Credit (“ERC”), also commonly…
