News & Events

Tax-Related ACA Provisions Refresher

Now that the bill to repeal and replace the Affordable Care Act (ACA) has been at least temporarily withdrawn and it’s uncertain whether there will be any other health care reform legislation this year, it’s a good time to review some of the tax-related ACA provisions affecting businesses: ...

Will the IRS Consider Your Business a “Hobby”?

Hobby Tax

If you run a business “on the side” and derive most of your income from another source (whether from another business you own, employment or investments), you may face a peculiar risk: Under certain circumstances, this on-the-side business might not be a business at all in the eyes of the...

2017 April News in Review

2017 April News in Review for website

Sansiveri’s 2017 April News in Review is a summary of news, events and links that we shared throughout the month of March. Just in case you missed an earlier post or email, this issue includes information about three developments to watch with Captive Insurance; a look at transefering business...

Strange notice from the MA Dept. of Revenue?

Commonwealth of Massachusetts Flag

Have you received a strange notice from the MA Dept. of Revenue? Please note that a number of taxpayers have received incorrect notices from the Massachusetts DOR. We have been in contact with the MA Society of CPA’s and they are aware of the issue and have been...

March 2017 Construction News Brief

Construction News Brief March 2017

Captive Insurance Three Recent Developments to Watch In recent years, captive insurance companies have been attracting more and more attention in the construction industry. A number of companies have expressed interest in both the risk management advantages and potential tax benefits of forming a captive. If you are considering forming...

New OSHA Electronic Reporting Requirement

A sign with a safety reminder

A new workplace injury reporting rule from the Occupational Safety and Health Administration (OSHA) will directly affect a number of contractors. The new rule requires many employers to electronically submit information about workplace injuries and illnesses to an OSHA-operated website — and the deadline for the first submission is only...

Captive Insurance – Three Recent Developments to Watch

Injury report form with a yellow hard hat and ear muffs on top of a yellow high visibility vest.

In recent years, captive insurance companies have been attracting more and more attention in the construction industry. A number of companies have expressed interest in both the risk management advantages and potential tax benefits of forming a captive. If you are considering forming a captive insurance company, or if your...