Fringe Benefits Become an “Audit Focus”
As part of last year’s Inflation Reduction Act, the IRS is ramping up enforcement, including increased scrutiny of fringe benefits
The Importance of Mileage Tracking
Accurate mileage tracking will help you save money on your taxes and give you the opportunity to make your business more efficient!
#TuesdayTips: 7 Accounting Pointers for Running Your Small Business
Starting your own business is hard work. Being a business owner is already filled with lots of to-do lists, meetings, and other activities, and the last thing that you probably want to think about is getting your books in order. For this weeks #TuesdayTip, we have compiled a list together of 7 pointers that every […]
Avoiding a Small Business New Year’s Hangover
Start your small business year off right by sitting down with your accountant and planning ahead!
#TuesdayTips: Are You Truly Ready for W2s?
It’s the end of the year and almost time to send W2s – have you verified the information yet?
5 Good Questions for Your Accounting Professionals
No one has a crystal ball to predict what’s coming for your business, but there are a few accounting questions you can ask to help guide you.
Employee and Employer Payroll Taxes – What’s The Difference?
Even though payroll taxes are paid by both employers and employees, there’s one major difference. Payroll taxes paid by employees affect employees’ net pay, but payroll taxes paid by employers don’t. Taxes that employees pay are subtracted out of an employee’s gross pay, which lowers the net pay for that paycheck. However, payroll taxes paid by the employers do not affect […]
Important Tax Dates for Small Businesses [2021]
This was definitely an interesting year for taxes. We saw everything from tax extensions and exemptions, to small business loans and stimulus checks. However, this effort to help people and small businesses through the pandemic has brought implications for filing taxes this year. Here we take a look at the important tax dates for small […]