Penalties For Delaying Employment Tax Payments

Penalties For Delaying Employment Tax Payments

Nobody likes paying their taxes – perhaps none less so than employment taxes. Simply put, employment taxes are paid generally with every payroll or monthly (periodically a business may pay quarterly) when an amount is withheld from employee paychecks and sent to the...
The IRS Seeks to Use Social Media for Tax Cases

The IRS Seeks to Use Social Media for Tax Cases

With all the recent hubbub about out-of-state sales tax laws, the new year has been packed with tax developments for online sellers lately, as both employers and the government strive to adapt with the digital age. And now, according to a recent information request to...
How to Determine Your Business Valuation (Part One)

How to Determine Your Business Valuation (Part One)

For both CPA’s and business owners alike, understanding a company’s monetary worth is a tricky amount to figure – often coming down to a “best guess”, when there’s more than just a number in the books to consider. Want to know how much your business is worth in it’s...
Hobby vs. Business Factors

Hobby vs. Business Factors

Whether it’s the startup of your dreams, that side-gig to which you devote all your spare time, or your main moneymaker, if you’ve taken a big loss in your endeavor, while deducting your expenses as that of a...
10 Qualifying Types of Paid Time Off

10 Qualifying Types of Paid Time Off

Everyone’s heard of paid vacation time, but it turns out there are a lot more than one type of Paid Time Off (PTO) an employer can offer their employees. While the type, length, and pay varies with state laws and circumstances, PTO is unanimously seen as a great way...
New 2019 Standard Mileage Rate and Conditions

New 2019 Standard Mileage Rate and Conditions

With the new year fast approaching, the IRS has been steadily putting out notices this month announcing the kind of changes we can expect for the 2019 tax year. And the latest, detailing the new standard mileage rate and the situations in which the deduction may be...

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