by Anders CPA | Oct 3, 2023 | Articles
Wednesday, November 8 at 10:30am CT Has your financial institution taken its eye off the ball when it comes to TRID disclosures to focus on other priorities? Lending institutions should periodically reexamine their TRID management processes and evaluate its...
by Anders CPA | Oct 3, 2023 | Articles
As year-end and final deadlines approach, 401(k) plan sponsors and administrators should remember to double-check the fine details of their plan document to ensure they’ve followed guidelines set by the Department of Labor (DOL), ERISA and the IRS. Failure to follow...
by Anders CPA | Sep 19, 2023 | Articles
Transitioning from filing taxes as an employed physician with a Form W2 to becoming a self-employed or contractor position with a Form 1099 comes with significant tax implications. While W2s are simpler and the employer, rather than the employee, is responsible for...
by Anders CPA | May 10, 2022 | Articles, Depreciation, Fixed Asset Accounting, PP&E (Property, Plant, & Equipment)
Whether you’re a new owner or considering a second location, expanding within the foodservice industry is an exciting decision, but it also comes with several items to navigate. Below are a few first steps any restaurant owner should think about before opening their...
by Anders CPA | Apr 26, 2022 | Articles, Expense Accounting, Income Taxes, Industry Accounting, Real Estate
Owning rental real estate can be a great supplemental source of income in addition to a normal day job. What is most commonly misunderstood about this type of investment is how an individual can treat the income and or losses for tax purposes. Determining your level...
