Blog

In a society increasingly conscious of well-being, with the costs of health care benefits remaining high, many businesses have established or are considering employee wellness programs. The Centers for Disease Control and Prevention (CDC) has defined these programs as “a health promotion activity or organization-wide policy designed to support healthy behaviors and improve health outcomes…

The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay your tax return on time to avoid penalties imposed by the IRS. Here are the basic rules. Failure to pay  Separate penalties apply for failing to pay and failing to file. The failure-to-pay penalty…

Amidst the wave of new federal financial awards and grants, the OMB has also issued some key revisions to the OMB Guidance for Grants and Agreements (Uniform Guidance). Some of the most notable changes impact the federal procurement procedures and applicable thresholds.   Federal Uniform Guidance (UG) requires that nonfederal entities must have and use documented…

The IRS is holding over 29 million returns for manual processing. These returns are mainly being held up due to COVID-related tax law changes, processing errors, or fraud detection. The most common reason to date is inconsistencies between the amount of stimulus payments reported compared to the actual amount received by the taxpayers. Unfortunately, the…