DC tax-exempt

DC Issues New Rules for Tax-Exempt Status

Marc Friedman, CPA Tax Planning For Businesses, Non-profit Leave a Comment

If you have a tax-exempt organization in the District of Columbia, changes are coming your way in 2019. Effective January 1st, the Office of Tax and Revenue (OTR) now requires …

401(k) loan

Employee vs. Independent Contractor: How to Know the Difference

Steven G. Albert, CPA, MST Tax Planning For Businesses, Tax Planning For Individuals Leave a Comment

If you own a business, identifying those doing work for you as employees vs. independent contractors is important to government compliance. Despite such an important classification, many employers do not …