Small Business – Page 13

It’s that Time of Year: Your Annual Reminder to File Worker 1099s

January 11, 2023

This is our reminder to issue workers (non employees) a Form 1099-NEC after the end of the year. Provide 1099s for 2022 to workers by January 31, 2023.

How to Minimize the S Corporation LIFO Recapture Tax

January 9, 2023

Considering converting your C corporation to an S corporation? There may be tax implications if you’ve been using the LIFO inventory method.

Will a Small Business Grant Help Your Organization?

January 6, 2023

Any entrepreneur can tell you that starting your own business is not easy no matter its size. That is what a small business grant is designed to aid with.

Steps Your Business Can Take to Survive a Recession

January 4, 2023

Many are predicting the US will experience some form of economic recession in 2023. This single statistic underlines the importance of planning ahead.

2023 Q1 Tax Calendar: Key Tax Deadlines for Businesses and Employers

January 2, 2023

Here are some key tax-related deadlines for businesses and employers during Q1 2023. This list isn’t all-inclusive. There may be more deadlines for you.

Don’t Overlook HR When Strengthening Cybersecurity Measures

December 30, 2022

When addressing cybersecurity, employers focus on financial data and intellectual property. What's also important and much more vulnerable? HR information.

Popping Open Some Fringe Benefit COLAs for 2023

December 23, 2022

The IRS released the 2023 cost-of-living adjustments (COLAs). These apply to a variety of tax-related limits applicable to many popular fringe benefits.

The IRS Plans on Targeting Abusive ERTC Claims

December 21, 2022

The ERTC provides refundable tax credits to employers that kept workers on payroll during the pandemic. This is a credit against the employer payroll taxes.