January 29, 2025
How your business can prepare for and respond to an IRS audit
Strategies for donating to charity or gifting to loved ones
December 9, 2021
As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here are…
Many factors are involved when choosing a business entity
December 7, 2021
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work…
Businesses can show appreciation — and gain tax breaks — with holiday gifts and parties
December 3, 2021
With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its…
Factor in taxes if you’re relocating to another state in retirement
December 2, 2021
Are you considering a move to another state when you retire? Perhaps you want to relocate to an area where your loved ones live or where…
Protect your business with a cybersecurity assessment
November 30, 2021
Years ago, it may have seemed like only government agencies with top-secret intel or wealthy international banks had to worry about…
Would you like to establish a Health Savings Account for your small business?
November 25, 2021
With the increasing cost of employee health care benefits, your business may be interested in providing some of these benefits through an…
What business owners should know about stop-loss insurance
November 25, 2021
What business owners should know about stop-loss insurance When choosing health care benefits, many businesses opt for a self-insured…
Thinking about participating in your employer’s 401(k) plan? Here’s how it works
November 23, 2021
Employers offer 401(k) plans for many reasons, including to attract and retain talent. These plans help an employee accumulate a retirement…
Employers: The Social Security wage base is increasing in 2022
November 18, 2021
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for…
Engaging in customer-focused strategic planning
November 11, 2021
When creating or updating your strategic plan, you might be tempted to focus on innovative products or services, new geographic locations,…
You may owe “nanny tax” even if you don’t have a nanny
November 11, 2021
Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener or other…
Get your piece of the depreciation pie now with a cost segregation study
November 4, 2021
If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should…
4 ways to refine your cash flow forecasting
November 2, 2021
Run a business for any length of time and the importance of cash flow becomes abundantly clear. When payroll is due, bills are piling up…
IRS BulletinsBusiness TaxesBusiness
New per diem business travel rates became effective on October 1
October 26, 2021
Are employees at your business traveling again after months of virtual meetings? In Notice 2021-52, the IRS announced the fiscal 2022 “per…
Remind your sales team about the power of storytelling
October 21, 2021
Everyone loves a story. It’s why movies are still big business and many of us spend hours on the couch binge-watching our favorite…
2021 Q4 tax calendar: Key deadlines for businesses and other employers
October 19, 2021
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021. Keep in mind…
Is your business tracking website metrics?
October 12, 2021
In today’s data-driven world, business owners are constantly urged to track everything. And for good reason — having accurate, timely…
M&A transactions: Be careful when reporting to the IRS
October 7, 2021
Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to…
Business TaxesBusinessCOVID-19
EIDL program retooled for still-struggling small businesses
October 4, 2021
For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of…
Business TaxesBusinessHealthcare Tax
Is a Health Savings Account right for you?
September 30, 2021
Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health Savings…
Tax depreciation rules for business automobiles
September 28, 2021
If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are…
Opening a new location calls for careful planning
September 24, 2021
The U.S. economy has been nothing short of a roller-coaster ride for the past year and a half. Some industries have had to overcome…
Selling a home: Will you owe tax on the profit?
September 21, 2021
Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the…
Think like a lender before applying for a business loan
September 16, 2021
Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paycheck…