Small Business – Page 20

Tax-Deferred Investing: What You Need to Know

January 30, 2023

You need to know how various tax savings vehicles and income deferral opportunities function. Tax-deferred investing can be vital to your future.

Employers, Stay Mindful of Your Nonemployee Reporting Obligations

January 27, 2023

In today’s “gig economy,” you may have a some independent contractors rather than employees. Don't forget to fulfill your nonemployee reporting obligations.

Employers Should Be Wary of ERC Claims That Are Too Good to Be True

January 25, 2023

The ERC was a tax credit for employers that kept workers on staff during the pandemic. It is no longer available, but eligible employers can still claim it.

Employers: Handle Problematic Employees with Care

January 20, 2023

No matter how hard you try, you could still end up with problematic employees. The question then becomes: How should you handle the situation?

The What and Why of Leadership Training - Does Your Business Need It?

January 18, 2023

Employers can avoid undercutting their own success by investing time and money in leadership training. This involves a series of courses or workshops.

The Standard Business Mileage Rate Has Gone Up for 2023

January 13, 2023

The standard business mileage rate has gone up for 2023. The 2023 cents-per-mile rate for business use of a car/van/pickup or panel truck is 65.5 cents.

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.