Schoelles and AssociatesJan 13, 2021Families First Coronavirus Response ActCourtesy of U.S. Department of Labor Families First Coronavirus Response Act: Employer Paid Leave Requirements The Families First...
Schoelles and AssociatesDec 29, 2020Last 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...
Schoelles and AssociatesSep 16, 2020Delay on Employees' Share of Social Security TaxesThe IRS released guidance on the Presidential Memorandum regarding employees’ share of social security taxes.
Schoelles and AssociatesAug 26, 2020Update on SBA Interim Rule for Paycheck Protection Plan ForgivenessSBA released an interim final rule Monday regarding owner-employees who own less than 5% in a corporation and non-payroll expenses...
Schoelles and AssociatesAug 18, 2020Why 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 ...
Schoelles and AssociatesAug 17, 2020How Pandemic-Stricken Small Businesses Can Lower Their TaxesAre 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
Schoelles and AssociatesFeb 11, 2020IRS 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...
Schoelles and AssociatesFeb 4, 2020Final rules determine maximum vehicle valuesThe IRS updated the fleet-average and vehicle cents-per-mile valuation rules described...
Schoelles and AssociatesMay 22, 2019Cost Reduction is Top Challenge for BusinessesWell 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...
Schoelles and AssociatesMay 8, 2019Taking care of business: record-keeping for small businessesCourtesy: IRS ~ Here are some questions and answers to help business owners understand the ins and outs of good record-keeping.
Schoelles and AssociatesJan 16, 2019How to Decrease Your Payroll Taxes with a Common PaymasterIf a company has more than one entity, there is a good chance that they are overpaying payroll taxes for some of their employees...