Tax News - Culver CPA Group - Grand Rapids Accounting Firm
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Tax News / Blog

Expanding succession planning beyond ownership Business owners are regularly urged to create and update their succession plans. And rightfully so — in the event of an ownership change, a solid succession plan can help prevent conflicts and preserve the legacy you’ve spent years or decades building. But...

IRS additional guidance addresses COBRA assistance under ARPA  In Notice 2021-46, the IRS recently issued additional guidance on the COBRA premium assistance provisions of the American Rescue Plan Act (ARPA). Under the ARPA, a 100% COBRA premium subsidy and additional COBRA enrollment rights are available to...

ABLE accounts may help disabled or blind family members  There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits to which they’re entitled. It can be done though...