Baker Newman Noyes (BNN), one of the nation’s top 100 accounting and advisory firms, recently shared news of 14 senior promotions and one new hire in its Boston, Manchester, Portsmouth, and Portland offices, effective July 1.
Created in 2008, the Maine Educational Opportunity Tax Credit has benefited many Maine employees and employers alike. Previous articles published by Baker Newman Noyes have focused on the credit from the individual side, but the credit is available to either the student or an employer who makes the payments, and the primary focus here is to explain this credit from an employer’s perspective.
As of June 13, 2019, the implementation of the new Massachusetts paid family medical leave has officially been delayed by three months.
Perhaps a consequence of the significance of recent accounting guidance coming from the FASB (ever hear of CECL?), it seems to be the new normal that stakeholders raise questions and concerns which prompt the FASB to redeliberate and issue clarifying guidance. One of the FASB’s recent updates, Accounting Standards Update (ASU) 2019-04, is no exception to this.
International travelers who owe the IRS significant amounts of money may be in for a rude awaking and disruption of travel plans.
The efficiency and increased ease of access to paperless transactions has caused a significant growth in the use of ACH transactions as a method of exchanging funds. Many companies turn to their banks or other financial institutions, who can serve as Originating Depository Financial Institutions (ODFIs), to gain access to the ACH network.
For those of us who have made New England our home, discussing the weather and the seasons is not merely small talk, but rather an issue of daily and near-existential importance. Beyond the fluctuating temperature, many businesses and workers in New England also see their profits and employment opportunities go up and down with the change of seasons.