Dear Clients and Friends of ASL,
Ray Scheaffer, ASL Managing PrincipalIt is once again my pleasure to share exciting news with you: Steve Carter, formerly with SingerLewak, has joined Abbott, Stringham & Lynch as a Principal in our Audit and Accounting Group. We welcome Steve and key members of his team, also formerly with SingerLewak, as part of our commitment to provide clients with an exceptional service experience. Steve’s history in serving nonprofit organizations, in addition to his experience with closely held businesses in the energy and environmental, technology, construction, and manufacturing industries, complements our robust audit team.
It is the firm’s sincere pleasure to announce the following promotions, and offer a sincere congratulations: Deepa Bhat, Becky Watson, Rowena Galiza,and Danny Stumpf! Learn about our newly promoted staff…
The tax implications surrounding cloud computing transactions are complex, and guidance has been “up in the air,” as tax authorities try to catch up with technology. Tax implications depend on the characterization of the transaction; therefore, contracts become very important for defining the characterization. Is sales tax assessed on cloud computing transactions?…
In case you haven’t heard, the employer mandate, which includes the employer responsibility payment and insurance reporting requirements, under the Affordable Care Act has been delayed. For employers with 50 or more full-time or full-time equivalent employees, the requirements will begin in January 2015. It was reported by Assistant Secretary for Tax Policy Mark Mazur at the Treasury that the postponement will give time for them to consider simplification of the requirements as well as give employers ample time to prepare for compliance. As you use this additional time to prepare, please contact us with your questions, and we will work with you and your other key business advisors to assist you.
