In its Exempt Organization newsletter published March 25, 2022, the IRS announced it will temporarily stop issuing delinquent return notices to tax-exempt and governmental entities. This move comes after the IRS came under pressure to suspend more delinquent returns and collection notices while working through its backlog of unprocessed returns. This does not mean exempt…
How will you spend St. Patrick’s Day this year? This year the holiday falls on a Thursday and will be the first fully open St. Patrick’s Day in two years. On top of that, it’s the opening day of the NCAA Men’s Basketball tournament. Many people are going to be ready for a good time.…
PSE is proud to be a sponsor at today’s 2022 YWCA Women of Influence Luncheon. Congratulations to these amazing women who are furthering the YWCA’s mission to eliminate racism and empower women and promote peace, justice, freedom, and dignity for all people. #pickrelschaefferebeling #ywca #daytonywca #lawfirm #lawyers #trustinusforlife
If taxpayers are missing wages and withholding information to file their individual federal income tax returns, certain steps should be taken. Businesses are required to send their employees a Form W-2 “Wage and Tax Statement” by January 31 each year. Businesses are also required to send their non-employee workers a Form 1099-NEC “Non-employee Compensation” by…
In a recent information release, IR 2022-45 (3/1/2022), the IRS has reminded taxpayers of their reporting and potential tax obligations from working in the gig economy, making virtual currency transactions, earning foreign-sourced income, or holding certain foreign assets. Gig economy earnings are taxable. Generally, income earned from the gig economy is taxable and must be…
PSE’s very own Adam Beiersdorfer spoke to the Northmont Chamber about LLCs, B-Corps & Business Law at their Professionals in Networking meeting today. Thank you to the Northmont Chamber for hosting us!
PSE Sends Good Vibes For A Bengals Win – Who Dey!
Please join us in congratulating Jeff Senney on his appointment to the Northmont Chamber of Commerce Board of Directors. We are thrilled to be a part of this Chamber.
On February 7, 2022, the Department of Labor (DOL) issued guidance to the States regarding the conditions under which a state may waive overpayments of unemployment compensation to an individual under the CARES Act programs. States are encouraged to waive non-fraud overpayments to individuals who received unemployment compensation under one of several programs, including the…
Many individuals and small businesses have adopted peer-to-peer payment apps like Venmo, Paypal, and Cash App (“P2P platforms”) to make convenient mobile money transfers. These P2P platforms provide an easy and convenient way to split a restaurant bill with friends, make gifts to family members, pay a babysitter, or make or collect a payment for…
