Category: Family and Closely Held Businesses

If you own a small business with fewer than 20 full-time employees and less than $5 million in gross receipts or sales, you may be required to report additional company information in the upcoming year. Starting January 1, 2024, most small businesses will be responsible for filing a Beneficia Read More

Rising prices of just about everything from milk and gas to professional services and clothes impact more than just individual consumers. They’re having negative effects on businesses as well.  Companies are being forced to make some tough decisions regarding product pricing, advertising a Read More

The Connecticut Department of Revenue Services has announced individuals and businesses throughout the state can pay back taxes at a reduced rate with no penalties through January 31, 2022, as part of its tax amnesty program. The program, launched November 1, provides a 75% reduction in inter Read More

Many businesses and organizations have either not applied for, think they don’t qualify for, or have never heard of the Employee Retention Credit (ERC). The ERC is a COVID-19 related relief program designed to encourage employers to keep employees on payroll throughout and after the pandemi Read More

By: Christopher Gagliardi Two of the most significant changes to U.S. Generally Accepted Accounting Principles (GAAP) have recently unfolded, including Accounting Standards Codification (ASC) 606 – Revenue Recognition, which many businesses are still adjusting to, and ASC 842 – Leases. Al Read More

The COVID-19 pandemic has impacted nearly all businesses in one way or another. One Janover client, a staffing company, took a particularly stiff hit. “They were decimated,” said Janover Partner Anthony Napolitano CPA. “They’re still working through losses, but thankfully they qualifi Read More

Janover’s new webinar series – Coronavirus’ Impact on … This series explores the impact of the coronavirus on specific industries with leading experts and thought leaders in each industry. (Please click on the link below to watch the recorded webinar) EPISODE 2: Coronavirus’s Read More

Effective immediately, the legislation expands protections against sexual harassment under the NYS Human Rights law to non-employees including independent contractors and subcontractors. Effective July 11, 2018, prohibitions on the use of nondisclosure clauses in settlements or agreements rel Read More

A third of small businesses are “totally unprepared” for the Affordable Care Act (ACA), their accountants revealed in a recent survey. Nearly half (48%) of the 277 indicated that their small business clients are “not very prepared” for the ACA. The survey was conducted by Accounting T Read More

Despite a misconception that the federal government’s new healthcare overhaul isn’t going into effect until 2015, in less than two weeks employers are still required to let their employees know details about the Patient Protection and Affordable Care Act (the “Affordable Care Act”). N Read More