The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 2 (New Employees)
New Tax Rules for Business — Part 1 (Equipment Purchases and Leasehold Improvements)
The Protecting Americans from Tax Hikes (PATH) Act of 2015, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 1 (Equipment Purchases and Leasehold Improvements)
Tax Rules for Turtle Businesses
No, this term doesn’t refer to pet stores or turtle farmers. It refers to small business owners who carry their businesses on their backs. They work … Read more about Tax Rules for Turtle Businesses
Annual Meeting Reminder
If you have a corporation, be sure to hold your annual meeting before the end of the year. This is state law requirement. Understand why you want to … Read more about Annual Meeting Reminder
Shadow Workers: Consequences to All
Shadow workers, also referred to as ghost workers, are employees who work off the books. They are paid “under the table.” Companies don’t keep records … Read more about Shadow Workers: Consequences to All
Financial Recovery after a Disaster
The Atlantic hurricane season ended on November 30 without any major storm. It’s been 10 years since any big hurricane has hit Florida, and as a … Read more about Financial Recovery after a Disaster
Health Insurance Reimbursements: What You Can and Cannot Do
Since the advent of the Affordable Care Act, small businesses have scrambled to find ways to make sure their employees have health coverage. Many have … Read more about Health Insurance Reimbursements: What You Can and Cannot Do
Writing Off Tangible Property Purchases the Easy Way
Usually, when you acquire any tangible property expected to last more than a year, you must recover the cost through depreciation allowances claimed … Read more about Writing Off Tangible Property Purchases the Easy Way
Health Care Confusion for Small Businesses
The Affordable Care Act, or ACA, also known as Obamacare, was intended to bring down the cost of coverage for small businesses and encourage them to … Read more about Health Care Confusion for Small Businesses
Congress’ Budget Deal includes Tax Changes
The budget deal passed by Congress last week, called the Bipartisan Budget Act of 2015, funds the government for two years and extends the debt … Read more about Congress’ Budget Deal includes Tax Changes
Special Tax Concerns for Cash Businesses
Many small businesses do some or all of their transactions in cash. This raises some special issues and concerns. Technically, being paid in cash … Read more about Special Tax Concerns for Cash Businesses
J.K. Lasser’s Small Business Taxes 2016
This is my perennial tax book. I know it’s not a page turner like The Survivor (currently #1 on the New York Times best seller list) or Life and Other … Read more about J.K. Lasser’s Small Business Taxes 2016
Accounting for T&E Expenses
Most small businesses incur travel and entertainment costs. They travel to see vendors, attend trade shows, and meet with customers and clients. If … Read more about Accounting for T&E Expenses
Telehealth and Your Business
It’s no news to you that your company’s health care costs are rising. Premiums for 2016 are expected to rise by 5% to 8%, with some plans increasing … Read more about Telehealth and Your Business
Fixing Compensation Packages in Light of Audit Technique Guides
Follow @BarbaraWeltman Compensation today is more complicated than in the past. It’s no longer confined to a paycheck and a fringe benefit or … Read more about Fixing Compensation Packages in Light of Audit Technique Guides