PBGC Raises Guarantee for Single-Employer Pension Plans that Fail

PBGC Raises Guarantee for Single-Employer Pension Plans that Fail

Defined benefit retirement plans, better known as pensions, have been at risk for decades now. The PBGC, dedicated to protecting them, has changes coming.
Think You May Need a CFO? Consider Hiring a Virtual CFO

Think You May Need a CFO? Consider Hiring a Virtual CFO

Think it’s time to bring on someone with more time and experience? Consider using the virtual CFO services offered by a bookkeeping or accounting firm.
Employers: In 2023, the Social Security Wage Base Is Going Up

Employers: In 2023, the Social Security Wage Base Is Going Up

The Social Security Administration announced an increase in the Social Security wage base. It will increase to $160,200 in 2023 (up from $147,000 for 2022).
Research Credit Potentially Doubled by the Inflation Reduction Act

Research Credit Potentially Doubled by the Inflation Reduction Act

The Inflation Reduction Act could benefit small business startups. They can potentially double the amount of their research and development tax credit.
Stay on the Lookout for Presenteeism and Learn How to Avoid It

Stay on the Lookout for Presenteeism and Learn How to Avoid It

Employers should beware of presenteeism. Someone who repeatedly shows up unwell will accomplish less, produce substandard work, and cause other problems.
What Local Transportation Costs Can Your Business Deduct?

What Local Transportation Costs Can Your Business Deduct?

You and your small business are likely to incur a variety of local transportation costs each year. There are various tax implications for these expenses.
Everything You Need to Know About Starting a Business

Everything You Need to Know About Starting a Business

Coming up with an idea for a starting a new business, however, is one thing. Actually becoming a successful business owner is something else entirely.
Best Practices for Avoiding Cash Flow Problems with Your Business

Best Practices for Avoiding Cash Flow Problems with Your Business

What are some of the biggest issues that plague small business owners on a regular basis? Cash flow problems would undoubtedly be right at the top.