518-373-4111
Transportation Fringe Benefit Limits to Rise in 2026
The IRS has released Revenue Procedure 2025-32, which includes cost-of-living adjustments for employee qualified transportation fringe benefits for the 2026 taxable year, along with the annually adjusted numbers for other tax provisions for 2026. The combined monthly...
Misclassifying Your Employees Can Be a Costly Mistake
A recent article in the Times Union discussed a class action settlement for a fuel cell producer, in which the company paid $600,000 to settle the lawsuit over employee misclassification. The suit was brought by former employees who were misclassified as “exempt” and...
8 Best Practices to Help Your Business Avoid an IRS Audit
Your browser does not support the audio element. No business wants to receive an audit notice from the IRS. While some audits are random, many are triggered by inconsistencies, red flags, or errors in tax filings. By following best practices in tax compliance and...
