Featured News

Reporting Qualified Sick and Family Leave Wages Paid to Employees

The IRS issued guidance to employers on reporting the amount of qualified sick and family leave wages paid to employees on Form W-2 for leave taken in 2021. The notice provides guidance under the recent legislation including the Families First Coronavirus Response Act, as amended by the Consolidated Appropriations Act,

What employers need to know when classifying workers as employees or independent contractors

It is critical for business owners to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally considered anyone who performs services, if the business can control what will be done and how it will be done. What matters is that the business has

TBH Tax Joins Crosslin

Crosslin PLLC has enhanced its roster of services by merging in TBH Tax, LLC, a tax strategy, asset protection, family CFO services, and cryptocurrency advisory firm based in Wyoming with a national reach.  The merger will accelerate the growth strategy of both companies, while expanding services offered, providing a wider

Penalty Relief for Reporting Interest in Foreign Partnerships

New schedules have been released for pass-through international tax reporting for tax year 2021. The new standardized format assists pass-through entities in providing partners and shareholders with the information necessary to complete their returns with respect to the international tax aspects of the Code and allows the IRS to verify