The widespread media coverage of natural disasters has left business owners with little excuse to be unprepared for hurricanes, tornadoes, earthquakes, forest fires, floods, and superstorms. These calamities can strike wherever and whenever, and while there is no preparation for…
Employee v. contractor: Which is right (and legal) for your business
Businesses are constantly evolving how they operate in order to meet the fast-paced changes coming from customers and the marketplace. Further, individuals are increasingly taking advantage of the income they can earn from the gig economy. These factors have more businesses…
IRS announces 2021 standard mileage rates for business, charitable, medical, and moving purposes
The Internal Revenue Service recently issued the 2021 optional standard mileage rates. These rates, which adjust every year to account for inflation of fuel costs, vehicle cost and maintenance, and insurance rate increases, will once again affect the way a company reimburses their mobile…
Sales Tax Nexus – What it Means in Massachusetts
Author: Jonathan Hitter Consumers who were once limited to their local storefronts to browse for goods are now able to shop and make purchases globally. Consumers aren’t the only ones benefitting from these digital shopping cart advancements. Businesses are now able…
New Lease Accounting Standards Could Affect Your Financial Statements
Author: Jonathan Hitter Rent your office? Leasing your copier or network services? If so, you’ve signed a lease agreement with a lessor and your financial statements will be affected by the new lease accounting standards approved by the Financial Accounting Standards…
Angela Parziale: discussion leader on the value of women’s initiatives and being a mindful leader
Author: Jonathan Hitter The Tax Cuts and Jobs Act (TCJA) offers many taxpayers a break through corporate and individual tax rate reductions. However, the new legislation comes with a few thorns. One of the biggest surprises to business owners is the…
Congress Approves Sweeping Tax Reform
Author: Mark Ravera On December 20, 2017, Congress approved sweeping tax reform. The President is expected to sign the bill next week in its current form. The bill in its entirety is 588 pages. Please feel free to call us anytime…
W&S Named one of Accounting Today’s 2017 Best Accounting Firms To Work For
Walter & Shuffain, P.C. was recently named one of Accounting Today’s 2017 Best Accounting Firms To Work For. Accounting Today partnered with Best Companies Group to identify the top 100 companies that excel in creating quality workplaces for employees. The…








