Smith Leonard is delighted to announce the addition of Patton Lowe as a Director in their Transaction Advisory Services (TAS) group.
Due to the Holidays, we were unable to obtain some of our participants’ data for our monthly statistics, so rather than present incomplete information, we will not be reporting on the October results. However, we want to highlight insights on general trends and industry feedback.
As we ring in the new year, SL would like to remind you that January tax filings are just around the corner. In addition to annual W-2’s, this alert highlights several of the upcoming filing requirements for payroll and other informational reporting and compliance matters.
Smith Leonard is pleased to announce Patrick Willis as its newest Tax Partner/Member. He is a key technical resource for the firm, a mentor to many staff members, and an integral part of the tax leadership team.
As 2021 draws to a close, we would like to remind you of the importance of reporting the proper inclusion of common fringe benefits in taxable wages for employees, officers, and shareholders. Fringe benefits are defined as a form of pay-for-performance of services given by a company to its employees as a benefit and must be included in an employee’s pay unless specifically excluded by law.