Unemployment is at record lows, the job participation rate is the best it’s been in years, and companies large and small are competing for workers to … Read more about Current Wall Street Employment Practices that Main Street Should Note
Supplement to J.K. Lasser’s Small Business Taxes 2018
The tax law is not static. Since the publication of this book, the Tax Cuts and Jobs Act of 2017 (TCJA) as well as other legislation have been … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2018
Tax Preparation Challenges for Small Businesses
According to survey results from Staples, more than half of small business owners view tax preparation as complicated and, surprisingly, nearly 50% … Read more about Tax Preparation Challenges for Small Businesses
5 Reasons to Amend Your Partnership Agreement
A partnership agreement is a legal document that spells out the rights and obligations of the owners, such as their percentages of ownership, their … Read more about 5 Reasons to Amend Your Partnership Agreement
Data Prep for Your W-2s and 1099s
The deadline for furnishing employees and independent contractors with their annual information returns and submit copies to the Social Security … Read more about Data Prep for Your W-2s and 1099s
How Much Tax Will You Pay on Your Pass-through Income?
The Tax Cuts and Jobs Act of 2017, which was signed into law on December 22, 2017, radically changes the rules that now apply for taxing the profits … Read more about How Much Tax Will You Pay on Your Pass-through Income?
Eliminating Pain Points of Paper Filing When Switching to E-Filing
Let’s face it: the days of keeping books and records, as well as filing tax returns and other documents, on paper are long gone. The image of Dicken’s … Read more about Eliminating Pain Points of Paper Filing When Switching to E-Filing
New Rules for Writing Off Equipment, Vehicles, and More
The Tax Cuts and Jobs Act of 2017 made a variety of favorable changes in the rules for deducting the cost of buying certain items and making certain … Read more about New Rules for Writing Off Equipment, Vehicles, and More
How to Classify Independent Workers When It Comes to Tax Time
Your business needs help. You engage a worker to meet this need. Be sure that you properly classify this worker — as an employee or independent … Read more about How to Classify Independent Workers When It Comes to Tax Time
What the Tax Cuts and Jobs Act Means to You
On December 20, 2017, Congress passed the largest piece of tax legislation in many years. It makes dramatic changes for individuals and businesses. … Read more about What the Tax Cuts and Jobs Act Means to You
Killing Tax Deductions for Bad Actions?
It’s been said that lawsuits are the cost of doing business. Individuals and businesses may be caught in bad behavior, but often these bad actors can … Read more about Killing Tax Deductions for Bad Actions?
What the Proposed Tax Bill Means to Small Business Owners
On November 2, the House released its much-anticipated tax bill (H.R. 1 ) called the Tax Cuts and Jobs Act. The measure has many moving parts and it’s … Read more about What the Proposed Tax Bill Means to Small Business Owners
Work Opportunity Credit for Hiring Veterans: 10 Things to Know
Veterans Day, which originally was fixed to commemorate the Armistice for World War I but later became a day to honor veterans of all wars, is … Read more about Work Opportunity Credit for Hiring Veterans: 10 Things to Know
Getting Ready for Your 2018 Retirement Plan: Changes Ahead
Whether you already have a qualified retirement plan in place or are thinking of starting one for 2018, now is a good time to familiarize yourself … Read more about Getting Ready for Your 2018 Retirement Plan: Changes Ahead
Tax Deductions for Cybersecurity
Cybersecurity describes measures you take to protect your computer and information from unauthorized access. Concerns about cybersecurity are … Read more about Tax Deductions for Cybersecurity