Congratulations to Angela Dorn, CPA, Partner. She has successfully completed the AICPA’s Not-for-Profit Certificate. This certificate requires a comprehensive, foundational understanding [...]
DIFFERENCE BETWEEN TIPS AND SERVICE CHARGES The IRS is reminding employers about the difference in reporting of tips and service charges. Tips are amounts that a customer voluntarily pays to an [...]
ASSET OWNERSHIP Many people recommend setting up trusts to protect an individual’s assets and assist in the transfer of their assets upon their death, but are they really necessary in all cases? [...]
INDIVIDUAL INCOME TAX REFUND STATUS The following are the websites to check on the status of your individual income tax refund: Federal: www.irs.gov Missouri: www.dor.mo.gov Illinois: [...]
In Volume 1 of our 2017 Newsletter, we highlight: FIRM NEWS BUSINESS IDENTITY THEFT RESEARCH CREDIT QUALIFIED TUITION PROGRAMS TRANSACTIONS WITH RELATED PARTIES ACCOUNTING METHOD CHANGE FOR TAX [...]
2017 STANDARD MILEAGE RATES ISSUED BY THE IRS The Internal Revenue Service has issued its 2017 optional standard mileage rates used to calculate the deduct-ible costs of operating an automobile [...]
Hochschild, Bloom & Company LLP – Announcements Hochschild, Bloom & Company LLP has hired several new employees during 2016. We would like to introduce you to them. We know our [...]
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