AKMCPA Bulletins

What’s Keeping You Up at Night: Tell Your Most Trusted Business Advisor

It could be a business opportunity that you’re not quite sure how to leverage or a family concern with high stakes and uncertain outcomes. Whatever it happens to be, chances are good that money plays a key role in it. Continue reading

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Employers Must Provide ACA Exchange Notice by October 1

One of the provisions of the Affordable Care Act (“ACA” or “Obamacare”) requires employers to provide ALL employees with a notice about the health insurance exchanges. This year’s deadline is October 1st. Continue reading

Posted in Alerts, Bulletins, News

Same-Sex Married Couples Face Tax Filing Changes After 9/16

Earlier this summer the Supreme Court struck down the federal Defense of Marriage Act (DOMA), paving the way for federal recognition of same-sex marriages performed in states that allow them. Last week, the IRS followed up by issuing an extensive set of rules governing how legally married same-sex couples will be impacted for tax purposes. Continue reading

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1099 Reporting: What You Need to Know

Independent contractors can save a business a lot of money. But if the IRS doesn’t agree with your classification or you make an error, it can end up costing you. AKM partners Warren Bergstein, Jack Gold and Craig Venokur are presenting a seminar on the details of 1099s including when to use them, which variant to use and how to correct filing mistakes. Continue reading

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Market Volatility and Portfolio Reviews

Given recent market volatility and uncertainty, we want to remind you that we offer portfolio review services through our Registered Investment Advisor, the AKM Consulting Group. Continue reading

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News Coverage: Jack Gold Widely Quoted on Christian Lopez Yankees Story

AKM Partner Jack Gold was widely quoted in a story about Christian Lopez, the Yankees fan who caught — and returned — Derek Jeter’s 3,000th hit. The team showered the lucky fan with gifts valued at upwards of $30,000, all … Continue reading

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December 2010 Client Information Bulletin

In This Bulletin – 1) One Management Style Does Not Fit All – Three Different Ways of Running a Business 2) The Clock is Ticking – 10 Last-Minute Tax Moves, 3) Highlights of the New Small-Business Law, 4) Reasonable Comp for a Dynamo, 5) Resume RMDs From Retirement Plans, 6) Facts and Figures Continue reading

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AKM passed a rigorous peer review

AKM passed a rigorous peer review by the American Institute of Certified Public Accountants (AICPA) Peer Review Committee Reporting Acceptance Body. Our next review will be in September 2013.

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2010 Small Business Jobs Act

The recently enacted 2010 Small Business Jobs Act includes a wide-ranging assortment of tax breaks and incentives for small business, paid for with various revenue raisers. Here’s a brief overview of the tax changes in the new law. Continue reading

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Nexus and the State's Jurisdictional Right to Tax

An issue for any corporation or other business entity operating in more than one state is determining the states in which it must file returns and pay income and or sales tax. It may also be subject to tax in other states in which its property, employees or other agents are physically present on a regular and systematic basis. A state has jurisdiction to tax a corporation or other business organized in another state only if the out-of-state corporations’ contacts with the state are sufficient to create nexus. Nexus is defined as some link between the state and the corporation it seeks to tax. Different taxes may have differing threshold standards for establishing physical or economic nexus. Those standards are the outgrowth of judicial decisions that are accepted or modified because of legislative activity. Continue reading

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