Reminder – It Is Not Too Late to Qualify for the Tennessee Business Relief Program
[Note that this program is limited to smaller taxpayers and to businesses only in certain sectors. Before exploring the changes below, you can see the eligibility restrictions at https://www.tn.gov/revenue/tennessee-business-relief-program.html. Feel free…
Good Recordkeeping is an Essential Element of Tax Planning
Now is a good time for people to begin thinking about next year’s tax return. While it may seem early to be preparing for 2021, reviewing your recordkeeping now will…
Crosslin Technologies Named for Fourth Year to MSP 501 List
Crosslin Technologies has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings. This year marks Crosslin Technologies fourth…
Thieves are constantly coming up with ways to scam taxpayers
It is unfortunate, but tax scams tend to rise during tax season or during times of crisis. Scam artists are using the COVID-19 pandemic to try to steal money and…
Dan Warren Promoted to Tax Principal
Crosslin is pleased to announce that Dan Warren has been promoted to principal in the tax department. In this role, he will assume a broader responsibility in leading the Crosslin…
Consolidated Group NOL Regulations Under the Cares Act
The IRS has issued temporary and final regulations to provide guidance on the treatment of net operating losses (NOLs) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and…
Tennessee Community CARES Program for Not-for-Profits
Crosslin wanted to make sure our not-for-profit customers are aware of the Tennessee Community CARES Program, a new aid program that will provide $150 million in direct federally funded aid…
CROSSLIN ADDS DIRECTOR OF BUSINESS DEVELOPMENT
Crosslin has added community leader Wendy Burch as director of business development, where she will be responsible for executing the company’s strategies in continued growth and expansion. Burch brings…
Luxury Auto Depreciation Caps and Lease Inclusion Amounts
If you use your vehicle for business purposes, the Internal Revenue Service allows you to write off some of the vehicle’s cost. By depreciating your vehicle, you deduct a specified…
Guidance for Reporting Qualified Sick and Family Leave Wages
The IRS has released guidance to employers in connection with the requirement to report the amount of qualified sick and family leave wages paid to employees under the Families First…
