Year-End Client Letter: Current Requirements for Documentation and Reporting
Dear Friends and Clients of Blue & Co.:
As we approach another year end, we want to take this opportunity to provide you with some reminders and information regarding the current requirements for documenting and reporting various items that have come about as a result of various tax provisions and other important information that could potentially affect reporting for you or your business.
If you should have any questions about this information, please call us. We would be happy to discuss these items as they relate to you and your business. Thank you for allowing us to serve you as we head into 2022.
Click here to view/download our 2021 year-end client letter covering current requirements for documenting and reporting.
Recent Articles View All Thought Leadership
September 21, 2023
By Cory Schunemann, CPA, Manager at Blue & Co. Indiana’s 2023 Senate Enrolled Act (SEA) 417 made another change to the sales tax collection requirements for not-for-profits after 2022’s SEA 382. Not-for-profits with taxable retail sales in excess of $100,000 in the current or prior year are now required to collect and remit sales tax. […]
September 17, 2023
By Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. On Thursday, Sept. 14, the IRS announced a moratorium on processing of new Employee Retention Credit (“ERC”) claims through at least December 31, 2023. This decision is in response to a flood of questionable claims and trusted tax advisors expressing a slew of concerns […]
September 07, 2023
The new Medicare Bad Debt template (Exhibit 2A) and S-10 template (Exhibit 3B and 3C) have been finalized by Medicare and are now required for cost reporting periods ending on or after September 30, 2023. This deadline is quickly approaching, and Blue & Co. wants to be sure you are prepared. If you are feeling […]
