On Thursday, February 13th, Rick Maloney spoke at the 20th Annual Heartbreaker Family Law Forum at Saint Anselm College in Manchester, sponsored by the New Hampshire Association for Justice. His… [Read More]
Congratulations to Jessica Wiley on attaining her Accredited Business Valuation (ABV®) credential! This noteworthy achievement is granted exclusively by the AICPA to CPAs and qualified finance professionals who demonstrate considerable… [Read More]
On July 19, 2019, Governor Sununu signed a bill into law that attempts to protect New Hampshire businesses from having to collect and remit certain sales and use taxes for… [Read More]
On September 24, 2019, the U.S. Department of Labor announced a final rule regarding overtime which will expand the list of employees eligible for overtime. Previously, “blue-collar” workers and professionals… [Read More]
Recently the IRS released additional guidance on a large number of issues related to the Qualified Business Income (QBI) Deduction (Section 199A). This deduction allows certain taxpayers who have flow thru businesses (S Corporations, partnerships, sole proprietorships) to take a 20% deduction on the related income. To qualify, the activity has to rise to the level of a trade or business. Question: is rental activity a trade or business?