Taxes

Fourteen people were charged in a $53 million fraud scheme involving the federal government’s pandemic relief program, including some executives from a Dallas metal recycling firm.

Be aware, however, that this special tax treatment isn’t automatic. To qualify for Section 1244 treatment, the following four main requirements must be met.

But Section 529 plans don’t have to be used only for your kids. One can be set up to reward virtually any beneficiary—including yourself!

When planning your travels this summer or any other time of the year—business or personal—just remember that the IRS pays close attention to expenses incurred.

Businesses should take lessons from five years of transformation experiences to make a plan for the next half-decade.

Wei joined the NYSSCPA in 1994 and is a member of the Queens/Brooklyn Chapter, where he served as president, president-elect, and currently sits on the Executive Board.

Firms need to consider technology as an opportunity – not a challenge - to help drive efficiency and overcome their top five talent-related challenges.

About 26 million borrowers applied for relief. If put into effect, the program is projected to cost more than $400 billion.