Tax Advantages of Hiring Your Child at Your Small Business

Tax Advantages of Hiring Your Child at Your Small Business

Did you know that you can save family income and payroll taxes by putting your child on the payroll? If you own a small business, read on!
Are SIMPLE and SEP Plans the Right Options for Your Small Business?

Are SIMPLE and SEP Plans the Right Options for Your Small Business?

Are you thinking about setting up a retirement plan for yourself and your employees? Two options to consider are the SEP or the SIMPLE.
Switching Entities: Should You Convert from a C to an S Corporation?

Switching Entities: Should You Convert from a C to an S Corporation?

An S corporation can provide substantial tax benefits over a C corporation at times. However, costly tax issues may exist that you should assess.
Uncle Sam May Pick Up the Cost of Your COBRA Medical Coverage

Uncle Sam May Pick Up the Cost of Your COBRA Medical Coverage

The ARPA includes a provision for the federal government to pick up the cost of COBRA health coverage. Read on to learn more about this program.
Buckle Up for 2021: 4 Compliance Trends to Watch

Buckle Up for 2021: 4 Compliance Trends to Watch

In a matter of months, COVID-19 forced organizations to make seismic shifts in their operations. How will the legal and compliance landscape evolve?
Business highlights in the new American Rescue Plan Act (ARPA)

Business highlights in the new American Rescue Plan Act (ARPA)

President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. Here's are several tax breaks and financial benefits for businesses.
Employee Retention Credit Extended Through June 2021

Employee Retention Credit Extended Through June 2021

During the pandemic, the CARES Act created the Employee Retention Credit for 2020. As part of the CCA, the credit has been extended through June 2021.
Run a business from home? You May Qualify for Home Office Deductions

Run a business from home? You May Qualify for Home Office Deductions

Are you self-employed? Do you run your business from your home? You might be able to claim deductions for home office expenses against your business income.