To our Valued Clients and Friends, In response to the national emergency and the recent events by our local agencies regarding the COVID-19 virus, including the Yakima County Stay at Home order, Alegria & Company has taken steps to protect and support our clients and our staff. We want to ensure you that we are...
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Dear Clients and Friends, Due to the recent events by both state and federal agencies regarding the COVID-19 virus, Alegria & Company has taken steps to support our clients and our staff. We want to ensure you that we are taking recommended necessary precautions to keep our clients and staff safe while also continuing to...
For 2020, the lifetime gift and estate tax exemption has reached a whopping $11.58 million ($23.16 million for married couples). As a result, few people will be subject to federal gift taxes. If your wealth is well within the exemption amount, does that mean there’s no need to file gift tax returns? Not necessarily. There...
The U.S. Department of Labor (DOL) has released the finalized rule on overtime exemptions for white-collar workers under the Fair Labor Standards Act. The rule updates the standard salary levels for the first time since 2004. While it is expected to expand the pool of nonexempt workers by more than 1 million, it’s also more...
As has been the case the past few years, Congress decided to wait until late in the year to extend a series of temporary tax provisions that have fairly significant implications for individual taxpayers and businesses.
