January 24, 2025
Working capital management is critical to business success
Are your company’s job descriptions pulling their weight?
July 1, 2021
At many businesses, job descriptions have it easy. They were “hired” (that is, written) many years ago. They haven’t had to change or do…
Tax TipsBusiness TaxesBusinessTax Planning
Traveling for business again? What can you deduct?
June 30, 2021
As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law, there are several rules for…
Tax TipsStudent TaxesTax AdviceBusinessTax Planning
Don’t assume your profitable company has strong cash flow
June 29, 2021
Most of us are taught from a young age never to assume anything. Why? Well, when you assume you make an … you probably know how the rest of…
Tax TipsStudent TaxesTax AdviceBusinessTax Planning
Tax-favored ways to build up a college fund
June 28, 2021
If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education…
Tax TipsTax AdviceBusinessTax Planning
2021 Q3 tax calendar: Key deadlines for businesses and other employers
June 25, 2021
Here are some key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep in mind that this…
Pondering the possibility of a company retreat
June 24, 2021
As vaccination levels rise and major U.S. population centers fully reopen, business owners may find themselves pondering an intriguing…
Recordkeeping DOs and DON’Ts for business meal and vehicle expenses
June 22, 2021
If you’re claiming deductions for business meals or auto expenses, expect the IRS to review them closely. In some cases, taxpayers have…
Tax TipsIncome TaxIndividual Tax
Plan ahead for the 3.8% Net Investment Income Tax
June 18, 2021
High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there are…
Retiring soon? 4 tax issues you may face
June 16, 2021
If you’re getting ready to retire, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax…
The long and short of succession planning
June 14, 2021
For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary for those…
Hiring your minor children this summer? Reap tax and nontax benefits
June 8, 2021
Hiring your minor children this summer? Reap tax and nontax benefits If you’re a business owner and you hire your children this summer, you…
Are you ready for the return of trade shows and other events?
June 4, 2021
Are you ready for the return of trade shows and other events? It’s happening. With vaccination rates rising and the more severe effects of…
Student TaxesFinancial PlanningIndividual Tax
Many parents will receive advance tax credit payments beginning July 15
June 1, 2021
Many parents will receive advance tax credit payments beginning July 15 Eligible parents will soon begin receiving payments from the…
Getting max value out of your CRM software
May 27, 2021
The days of the Rolodex are long gone. To connect with customers and prospects, many businesses now rely on customer relationship…
Business TaxesBusinessHealthcare Tax
The IRS has announced 2022 amounts for Health Savings Accounts
May 24, 2021
The IRS recently released guidance providing the 2022 inflation-adjusted amounts for Health Savings Accounts (HSAs). Fundamentals of HSAs…
Tax Filing DeadlinesTax TipsTax AdviceTax DeductionsTax PlanningIncome TaxIndividual Tax
Still have questions after you file your tax return?
May 21, 2021
Still have questions after you file your tax return? Even after your 2020 tax return has been successfully filed with the IRS, you may…
Look at your employee handbook with fresh eyes
May 19, 2021
For businesses, so much has changed over the past year or so. The COVID-19 pandemic hit suddenly and companies were forced to react quickly…
Tax TipsBusiness TaxesBusiness
An S corporation could cut your self-employment tax
May 18, 2021
An S corporation could cut your self-employment tax If your business is organized as a sole proprietorship or as a wholly-owned limited…
Working in the gig economy results in tax obligations
May 17, 2021
Working in the gig economy results in tax obligations Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or…
Help ensure the IRS doesn’t reclassify independent contractors as employees
May 13, 2021
Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are properly…
The Restaurant Revitalization Fund is now live
May 11, 2021
The COVID-19 pandemic has affected various industries in very different ways. Widespread lockdowns and discouraged movement have led to…
Tax filing deadline is coming up: What to do if you need more time
May 7, 2021
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May 17, 2021. The IRS…
Providing education assistance to employees? Follow these rules
May 4, 2021
Many businesses provide education fringe benefits so their employees can improve their skills and gain additional knowledge. An employee…
Is your wellness program built on a solid foundation?
April 29, 2021
In a society increasingly conscious of well-being, with the costs of health care benefits remaining high, many businesses have established…