September 2019

Give Your Business Its Annual 1099 Wellness Check

As the summer winds down and we are well into the second half of 2019 (gasp!), now is the perfect time to give your business its annual 1099-MISC wellness check. Have you been keeping up with your W-9 collections throughout

September 3, 2019

What is an MEP?

As we are in the heart of the 401k auditing season, it is important for companies to reevaluate their need for employee benefit plans. While there is a requirement for the amount of eligible employees for an employee benefit plan,

September 3, 2019

Philadelphia Responds to Wayfair, Establishes Economic Nexus

After the U.S. Supreme Court decided on South Dakota v. Wayfair, 585 US in 2018, the city of Philadelphia amended the Business Income and Receipts Tax (“BIRT”) regulation to impose economic nexus. The BIRT is a privilege tax; it consists of net

September 3, 2019