Small Business

Families First Coronavirus Response Act

Courtesy of U.S. Department of Labor Families First Coronavirus Response Act: Employer Paid Leave Requirements The Families First...

Last minute year-end tax tips for businesses.

*Pay final bills and postmark by 12/31/2020 *Newly purchased business equipment must be placed in service by 12/31/2020 to be deductible...

Delay on Employees' Share of Social Security Taxes

The IRS released guidance on the Presidential Memorandum regarding employees’ share of social security taxes.

Update on SBA Interim Rule for Paycheck Protection Plan Forgiveness

SBA released an interim final rule Monday regarding owner-employees who own less than 5% in a corporation and non-payroll expenses...

Why Should You Have An Accountant For Your Small Business?

When it comes to the ins and outs of taxes, accounting and finance, however, it never hurts to have an experienced professional ...

How Pandemic-Stricken Small Businesses Can Lower Their Taxes

Are you a small business owner? Would you like to pay less tax (who doesn’t 😊)? This article outlines a few options that might work for you

IRS proposes update to income tax withholding rules

The Internal Revenue Service and the Treasury have proposed regulations updating the income tax withholding rules to reflect...

Final rules determine maximum vehicle values

The IRS updated the fleet-average and vehicle cents-per-mile valuation rules described...

Cost Reduction is Top Challenge for Businesses

Well over half (64%) of U.S. businesses say cost reduction is the top challenge they expect to face in the coming year and less than half...

Taking care of business: record-keeping for small businesses

Courtesy: IRS ~ Here are some questions and answers to help business owners understand the ins and outs of good record-keeping.

How to Decrease Your Payroll Taxes with a Common Paymaster

If a company has more than one entity, there is a good chance that they are overpaying payroll taxes for some of their employees...

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