2.16.2024 | Issue 143

Santora CPA Group's

Weekly Newsletter!


You'll find links to the Alerts and Useful Info we've posted on our website, which includes time-sensitive information and any other issues that might impact you or your business, as well as any news from around our office.

Important Upcoming Dates

March 15, 2024:

  • Partnership and S-Corporation Tax Returns Due

CICPAC 2023 Economic Newsletter

Our friends at CICPAC, in collaboration with economist Dr. Chris Kuehl and Armada Corporate Intelligence, have finalized the 2023 year-end economic report that targets the construction sector.

This report offers a comprehensive analysis of various factors that affect the construction industry on a macro level, including regional construction spending, raw materials, supply chain, banking and financing matters, and the overall construction industry outlook.

Click Here to Read the Newsletter

Your Weekly Catch-Up

Should Your Business Offer the New Emergency Savings Accounts to Employees?

As part of the SECURE 2.0 law, there’s a new benefit option for employees facing emergencies. It’s called a pension-linked emergency savings account (PLESA), and the provision authorizing it became effective for plan years beginning January 1, 2024. The IRS recently released guidance about the accounts (in Notice 2024-22) and the U.S. Department of Labor (DOL) published some frequently asked questions to help employers, plan sponsors, participants, and others understand them.


Answers to Your Tax Season Questions

The Kiddie Tax Could Affect Your Children Until They're Young Adults


Firm News

Firm Fun!

On Friday, February 9th, we held a happy hour to celebrate the upcoming Super Bowl. We had yummy bites from Tommy's Tavern + Tap, beverages, and fun games!

Our Social Committee even set up a candy guessing game, which Israel Mercado won!

Another fun time at SCG! 🏈

We kicked off Valentine's Day with a sweet treat for our hardworking staff: a delicious pancake breakfast with red velvet pancakes, sausage, and donuts! Because nothing says "we appreciate you" like starting the day with fluffy pancakes!

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