SECURE 2.0 Act: Should Your 401(k) Help Employees With Emergencies?
SECURE 2.0 Act kicks in next year which may allow businesses to help employees in financial emergencies through their 401(k)s.
Guaranteeing a Loan to Your Corporation? There May be Tax Implications
If your corporation defaults on a loan that you guarantee, there may be tax consequences. You don’t want to be caught unaware.
What Will Happen When TCJA Tax Changes Sunset in 2025?
Most of the tax changes made by TCJA will expire after 2025. This will impact long range tax planning and result in a mixed bag of tax increases and cuts.
Receive More than $10,000 in Cash at Your Business? Meet Form 8300
Does your business receive large amounts of cash or cash equivalents? Then you must report these transactions to the IRS using Form 8300.
Employers, Tune Up Your Employee Value Proposition for the Road Ahead
You’ve still got to work to win over great job candidates and retain valued employees. Make sure you’re ready and tune up your employee value proposition.
When Tax Issues Become Tax Fraud in the Eyes of the IRS
The chasm between a "minor accident" and "intentional tax fraud" is a big one. The latter can get you into trouble and may venture into criminal territory.
Is Hobby Income Taxable? Are Hobby Losses Deductible?
Involved in a hobby that you not only enjoy but that produces income? If so, you should know how hobby income and expenses are treated for tax purposes.