Our Blog

IRS 2019 Form W-4 Represents Major Changes to Payroll

Posted on: September 13, 2018

On June 6, 2018, the Internal Revenue Service (IRS) released a draft Form W-4, Employee’s Withholding Allowance Certificate, for 2019. The Tax Cuts and Jobs Act (TCJA) made significant changes to tax rates, deductions, tax credits, and withholding calculations. Highlights of the Draft Form W-4 for 2019 Number of Allowances Eliminated Perhaps the most prominent … Continue reading IRS 2019 Form W-4 Represents Major Changes to Payroll

Employee vs Subcontractor?

Posted on: November 20, 2017

October saw the closing arguments in Lawson v. Grubhub, the first trial concerning the status of workers in the gig economy. The central question is whether Lawson, the plaintiff, was improperly hired as a contractor, by Grubhub, a food delivery service that relies on a roster of workers who schedule their own “on-call shifts.” Lawson’s … Continue reading Employee vs Subcontractor?

Tips and Tricks For Your Next Google Search

Posted on: August 28, 2017

We all love co-workers who find the most up-to-date information–perhaps a website or article we used once but have since forgotten where we found them. Policies and procedures at the government agencies we work with change regularly. For example, the I-9, Employment Eligibility Verification form submitted to US Immigration and Customs Enforcement was updated in … Continue reading Tips and Tricks For Your Next Google Search

President Proposes Lower Tax Rate on S Corp Income

Posted on: April 27, 2017

President Trump’s plan to cut the tax rate to 15% for pass-through businesses would be a radical change to the tax code. The measure would apply to partnerships, S corporations, and limited liability companies that don’t have to pay corporate-level taxes and instead “pass through” to owners the income and losses. The current tax rate … Continue reading President Proposes Lower Tax Rate on S Corp Income

New Form I-9: Staying Compliant

Posted on: January 17, 2017

If you run a business, then you know the importance (and maybe the hassle, too) of correctly obtaining and storing the I-9 Employee Eligibility Verification form. In case you haven’t heard, CAS wanted to let you know about updates to the I-9, which has been revised for 2017. Beginning January 22nd all employers must use … Continue reading New Form I-9: Staying Compliant

The Alternative Minimum Tax

Posted on: December 2, 2016

To the surprise of some commentators, markets rallied after the election of Donald Trump. One way to explain the surge is that Trump’s economic policies are pro-business and pro-middle-class. A specific policy point that garners excitement among the business class is the repeal of the AMT, the Alternative Minimum Tax. In the most basic sense, … Continue reading The Alternative Minimum Tax

Section 179: A Small Business Perspective

Posted on: November 9, 2016

Has your business been considering purchasing new equipment but unsure about how you’ll handle the expense? If so, CAS wants to let you know about the Section 179 Deduction. The deduction is designed to make large purchases attractive to small businesses. Nearly all business equipment — including machinery, computers, software, office furniture, and vehicles — … Continue reading Section 179: A Small Business Perspective

Charitable Donations

Posted on: October 26, 2016

Now that we’ve hit the fourth quarter of 2016, you might be looking at your bottom line and asking how charitable contributions can affect your tax liability. CAS wants to introduce you to three basic tax rules that will help your business give wisely. 1. Giving wisely depends first of all on your business entity. … Continue reading Charitable Donations

FLSA Final Rule Q&A

Posted on: June 6, 2016

What is the FLSA? The Fair Labor Standards Act (FLSA) is a federal labor law aiming to protect United States workers. The act guarantees employees at least the federal minimum wage for every hour worked, as well as one and a half times their regular rate of pay for every hour worked over 40 hours … Continue reading FLSA Final Rule Q&A


Posted on: March 30, 2016

Whew! You filed your return and now you’re ready to forget all about taxes until next year. Not so fast! Your 2015 tax return is a great tool to help you plan for 2016. Here’s what to look at. Review your withholding. If you owed tax this year or received a large refund, consider adjusting … Continue reading START PLANNING FOR NEXT YEAR’S TAXES USING THIS YEAR’S RETURN