LANCASTER, PA (January 2, 2020) – RKL LLP today announced the hire of four new managers in its Audit Services and Small Business Services groups. Joining the firm’s Audit Services…
Proposed Change to IRS Calculation Option for Personal Use of Employer-Provided Vehicle May Reduce Employee Taxable Income
Employers may soon have another, less costly, option to calculate the tax impact of personal use of an employer-provided vehicle. Under recently proposed regulations, the IRS will allow vehicles with…
Now Available: IRS Tools to Assess and Manage Post-Tax Reform Withholding
The IRS recently released a new Form W-4 and an updated withholding calculator for 2018 personal income tax withholding. This much-anticipated information from the IRS is the final component of…
Initial Guidance for 2018 Federal Withholding Now Available
Employers now have initial information to proceed with 2018 withholdings. While this information will get you started on 2018 withholdings, final information will not be available until sometime in February….
Small Business Owners: Here’s How to Handle a PA Schedule C Desk Review Notice
Many small business owners use Schedule C to report profit or loss from business or profession on their personal income tax returns. Thanks to closer scrutiny and technological advancements from…