September 18, 2023
Employee Retention Credit Paused Amid Growing Fraud Concerns
The Internal Revenue Service (IRS) has announced a moratorium on new claims related to the pandemic-era Employee Retention Credit (ERC, also known as Employee Retention Tax Credit). The pause on new claims goes into effect immediately and will last until at least 2024. When claimed properly, the ERC is a refundable tax credit designed to… View Article
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Stronger Regulations Coming for Taxes on Cryptocurrency
The nature of innovation means that laws will always be lagging behind new technology, now, legislation is attempting to catch up to cryptocurrency. Approximately 17% of US adults have used digital cu...
Read More >>Employee Retention Credit Paused Amid Growing Fraud Concerns
The Internal Revenue Service (IRS) has announced a moratorium on new claims related to the pandemic-era Employee Retention Credit (ERC, also known as Employee Retention Tax Credit). The pause on new...
Read More >>Employee Spotlight: Kaitlyn McPeak
Kaitlyn McPeak joined the Ross Buehler Falk & Company (RBF) team in 2023 as an administrative assistant. She helps keep the office running smoothly, assisting with administrative tasks, including ...
Read More >>How Do You Move Transactions from Your Bank into QuickBooks Online?
Manual transaction entry doesn’t make sense anymore – not when QuickBooks Online makes the process of importing them from your bank so easy. If you enter them on your own, you risk data transposit...
Read More >>Are You Ignoring Retirement?
Are you ignoring your future retirement needs? That tends to happen when you are younger, retirement is far in the future, and you believe you have plenty of time to save for it. Some people ignore th...
Read More >>Tax Implications of Student Loan Forgiveness
Back in August of 2022, President Biden issued an executive order that would forgive federal student loan debt for lower income individuals. The program would have provided up to $20,000 in loan relie...
Read More >>Things to Consider When Starting a Business
When you are starting a business there are several possible business entity types that need be considered to make sure you get started off on the right foot and avoid costly mistakes that must be corr...
Read More >>How Business Can Leverage Data and Personalization for Targeted Campaigns and Growth
Marketing efforts today depend on collecting, analyzing and leveraging data to make informed decisions. Therefore, business owners need to understand how to harness the power of data and personalizati...
Read More >>IRS Announces End of Unannounced Taxpayer Visits (Mostly)
You wake up in the middle of the night. Heart racing, drenched in sweat and breathing heavy. Thankfully, it was just a nightmare when the IRS showed up at your doorstep unannounced. Recently, however,...
Read More >>How to Identify and Avoid Cash Flow Pitfalls
Looking at expenses for one’s business is essential to reduce cash flow issues. For example, it would show if there’s too much money leaving the business or what type of scenario the busin...
Read More >>Window/er Social Security Benefits
A widow or widower is eligible for a survivors benefit from Social Security even if they never worked – as long as the deceased spouse qualified for benefits based on his or her own income record. A...
Read More >>An Interview with Sara Miller, RBF’s Summer Intern
Sara joined the RBF team as an intern in early May 2023, working both with the Accounting & Audit and Tax departments. Raised in Boyertown, Pennsylvania, she is a rising sophomore at Lebanon Valle...
Read More >>7 Best Money Moves of 2023
In light of our current economy, making sure your money works hard for you is one of the best things to do this year. Here are some ways you can navigate your financial situation, keep tabs on where y...
Read More >>How to Reduce Common Payroll Errors
According to the Internal Revenue Service (IRS) and the National Federation of Independent Businesses (NFIB), almost one-third of companies see penalties due to payroll issues. Understanding a few exa...
Read More >>The Ins and Outs of a Reverse Stock Split
When a company decides to conduct a reverse stock split, also referred to as a stock consolidation, the number of shares available to investors is reduced. In a normal (forward) stock split, a compa...
Read More >>Increased Tax Bills Hitting Private Companies – Big and Small
Private companies both large and small are feeling the tax pinch due to changes in the law. With rampant inflation, labor shortages, lingering supply chain issues and increased borrowing costs due to ...
Read More >>New Employee Onboarding Best Practices: Factors to Consider for Success
According to one recent study, replacing an employee who has left your business can cost between 50% to 60% of that person’s salary. This is why it’s virtually always more expensive to hir...
Read More >>Divorced, Separated, Married or Widowed this Year? Unpleasant Surprises May Await You at Tax Time
Taxpayers are frequently blindsided when their filing status changes because of a life event such as marriage, divorce, separation or the death of a spouse. These occasions can be stressful or ecstati...
Read More >>Tax Changes Coming After 2025
By now you have probably gotten used to the provisions in the Tax Cuts and Jobs Act (TCJA) that became effective January 1, 2018. But don’t forget, most of the tax changes made by the TCJA are not p...
Read More >>What’s Best, FSA or HSA?
Many employers offer health flexible spending accounts (FSAs) and health savings accounts (HSAs) as part of their employee benefits packages. Both plans allow you to set aside money to pay medical e...
Read More >>Who is RBF?
Ross Buehler Falk & Company is committed to providing innovative and cost effective solutions to meet each client's unique personal and business goals. We build long-lasting client relationships through personal attention, integrity, and a dedicated pro-active team of professionals.
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