Insights & News
The Future of Commercial Real Estate
The COVID-19 pandemic has had a dramatic impact on commercial real estate. Some sectors of the industry,…
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Consider Outsourcing Your Bookkeeping
Accurate and up-to-date financial records play an important part in your business’s success, but the daily…
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Proposed Tax Increases on the Horizon
President Biden presented the American Families Plan in an April 28, 2021 address to Congress, which…
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DOL Withdraws Independent Contractor Rule
The Department of Labor recently withdrew the “Independent Contractor Status Under the Fair Labor Standards Act”…
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IRS Relaxes FSA and DCAP Rules
The IRS is providing some leeway to employee benefit plans offering health flexible spending accounts (FSAs)…
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How Nonprofits Should Handle Tax Form 990
Form 990, Return of Organization Exempt From Income Tax, is the IRS’ method of evaluation to…
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Hidden Tax Break: Meal Deductions Get a Boost
The Consolidated Appropriations Act, 2021 contained a provision designed to give a boost to the restaurant…
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COVID-19 Resource Guide: Everything You Need in One Place
Office Updates While BPW is categorized as an essential business due to the importance of tax…
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BPW Moves Forward with April 15 Deadline
The IRS and California Franchise Tax Board recently announced that the income tax filing deadline for…
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New Stimulus Package: What You Need to Know
The third stimulus package valued at $1.9 trillion made its debut last week after President Biden…
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Erroneous Notices from the IRS and States
Many clients have received CP59 Notices notifying them about missing Forms 1040 for the tax year 2019. In…
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New Benefit Plan Auditing Standards Effective Date Extended
Another pandemic-powered delay is pushing the effective date back for new standards related to audits of…
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