Articles & Resources
Stay up to date with important information related to all things Tax, Accounting, & Human Resources
The Root Cause of Tax Compliance issues
It is unrealistic for businesses to be able to comply with the myriad of tax regulations associated with payroll, sales, income, excise, among others without
Shielding Your Small Business from Aggressive IRS Enforcement
Small business owners, take heed! If you or your business find yourselves in the crosshairs of the IRS due to back tax debts, you’re certainly
The Crucial Role of Accounting: Your Path to Informed Business Decisions
In the fast-paced world of business, one thing remains constant: sound financial information is the cornerstone of strategic decision-making. Whether you’re a fledgling startup or
Navigating the Cloud: A Comprehensive Guide to Cloud Migration with Rockwater Associates
In today’s digital landscape, the cloud has become a critical element for businesses seeking agility, innovation, and cost-efficiency. The global pandemic has accelerated the adoption
Revolutionizing HR Solutions with OKR-Based Performance Management
In today’s fast-paced and ever-evolving business landscape, companies face the constant challenge of aligning their workforce with organizational objectives. Ensuring that every employee is not
Unraveling Trust Fund Recovery Penalty (TFRP): What Business Owners Need to Know
As a business owner, navigating the intricate landscape of tax regulations and penalties can be a daunting task. One such aspect that requires keen attention
The Cornerstone of Success: Timely and Accurate Financial Reporting by Rockwater Associates
In the dynamic and ever-evolving landscape of business, information is power. In this era of data-driven decisions, timely and accurate financial reporting has emerged as
Network Architecture: Building a Resilient and Scalable Network Infrastructure
In the rapidly evolving landscape of business operations, where digital transformation is becoming more than a buzzword, the significance of a robust and adaptable network
Scaling Up: Payroll Challenges and Solutions for Expanding Businesses
In the fast-paced world of business, growth is a key objective for most companies. However, with growth comes a myriad of challenges that need to
Unleashing the Power of Enrolled Agents: Your Ultimate Guide to Navigating IRS Taxpayer Disputes with Rockwater Associates
Tax season often comes with its fair share of stress and uncertainties. For individuals and businesses alike, the thought of a looming dispute with the
Navigating Financial Excellence: The Crucial Role of Reconciliation in Modern Business Landscape
In the dynamic realm of modern business, where transactions are conducted at the speed of light and financial intricacies abound, the importance of accurate and
Automating ITSM Workflows: How to Streamline Processes and Boost Efficiency
In today’s fast-paced digital landscape, businesses rely heavily on their IT infrastructure to drive productivity, innovation, and customer satisfaction. However, managing complex IT environments and
Recent Information
The latest information regarding accounting, taxes, and human resources.
Tax News
- Regs. address partnership recourse liabilities, related-party rules December 2, 2024The IRS issued regulations that finalize proposed regulations issued in 2013. The guidance is focused on when and to what extent a partner is treated as bearing the economic risk of loss and the special rules applying to a partner related to another partner.
- IRS again delays effective date of $600 threshold for Form 1099-K reporting November 26, 2024The delay, the third by the IRS for Form 1099-K reporting for third-party settlement organizations, will treat 2024 and 2025 as transition years.
Accounting News
- Small biz sees modest growth in jobs, pay December 3, 2024Small-business jobs growth remained steady in November, while workers' wages grew only slightly, payroll provider Paychex reported.Michael Cohn
- M&A roundup: East Coast expansion December 3, 2024SolomonEdwards acquires Steele Consulting; LGA merges in McGaunn & Schwadron; and Barsz Gowie Amon & Fultz adds William E. Howe.Michael Cohn
- In the blogs: Grappling ahead December 3, 2024On the path to 600; know your VAT; the overseer of marketing; and other highlights from our favorite tax bloggers.Jeff Stimpson
Human Resources
- Labor Secretary’s Nomination Returned to White House December 22, 2023The U.S. Senate sent Acting Labor Secretary Julie Su’s nomination back to the White House on Dec. 20 after she didn’t receive enough support to be confirmed this year.
- Washington State Adopts Wildfire Smoke Regulations December 22, 2023On Dec. 14, the Washington State Department of Labor and Industries (L&I) finalized and adopted new rules focused on protecting workers from wildfire smoke hazards that...