June 5th, 2013 Amended Corporate Income Tax Rule for Single Member LLCs Attention Rhode Island Single Member LLCs: The Rhode Island Division of Taxation has amended the corporate income tax rule regarding single member LLCs; you are now required to obtain a federal employer identification number from the IRS in order to file a state return. Previously, single-member LLCs could use the... Read More
May 28th, 2013 Invest in Gold for Insurance, Not Growth Matthew Neyland, SKWealth's Director of Investments (an affiliate of Sansiveri), is featured in this week's issue of PBN. Please select "Invest in gold for insurance, not growth" to read his article. Read More
May 22nd, 2013 Do You Know Your Fiduciary Responsibilities? by Michael Garcia, CPA, Audit Manager As the annual tax filing season for many small businesses has come to an end, now is a great time for small business owners and their management teams to start reviewing the retirement plans that they offer to their employees. The Employee Retirement Income... Read More
May 20th, 2013 CT Businesses to Pay the Entity Tax Every Other Year The Connecticut Department of Revenue Services has released a chart illustrating the new due dates for filing a business entity tax return and paying the tax. Beginning with the 2013 tax year, a business entity will be required to file Form OP-424, Business Entity Tax Return, and pay the business... Read More
May 15th, 2013 Fi$cally Fit – Spring 2013 Accounting Healthcare News Briefs SK&Co's Healthcare Accounting Team is offering quarterly news briefs on topics related to the health care industry. This quarter's issue, written by John Teixeira, CPA, CHBC, focuses on the importance of protecting your practice with a compliance plan. For more information, please contact John Teixeira at... Read More
May 8th, 2013 Hiring Family Members: Carefully Weigh the Risks and Rewards First As the owner of a closely held business, you may have opportunities from time to time to hire members of your family to work for your company. Due to the economic downturn and resulting high unemployment rate, many owners have been asked by family members recently whether there might be... Read More
May 2nd, 2013 How to Stay Safe Using Public Wi-Fi These days, so many of us are on the go and public Wi-Fi becomes almost a necessity in order to get work done. We may even seek out those places that offer "free" Wi-Fi, just so we can catch up on email. Of course, when you use these convenient connections,... Read More
May 1st, 2013 Children’s Books Needed: Help Foster the Love of Reading Book drive from May 1st through June 30, 2013. Sanisveri, Kimball & Co., L.L.P. (SK&Co.) and SK Wealth Management L.L.C. (SKWealth) are hosting a children's book drive for United Way of Rhode Island's Women's Leadership Council (in partnership with Books Are Wings) from May 1st through June 30, 2013. Donations... Read More