by candy | May 16, 2023 | Featured, IRS, News Letter
The IRS has recently released their 10-year strategic operating plan, which outlines their goals and objectives for the next decade. Let’s take a closer look at what the plan entails and what it means. The plan, which was developed by the IRS in collaboration with...
by candy | Apr 25, 2023 | Featured, News, News Letter, Taxes
The Inflation Reduction Act (IRA) was recently passed by the U.S. Congress to combat rising inflation. The act includes several provisions that affect tax items, including changes to the standard deduction, the alternative minimum tax (AMT), and the estate tax. Let’s...
by candy | Apr 14, 2023 | Featured, News Letter, Sales Tax
If you are an entrepreneur who is required to collect and remit sales tax in various states, it can be difficult to keep track of what tax rate to charge as well as what your reporting obligations are. Sales tax can already be a tricky subject for business owners, but...
by candy | Apr 4, 2023 | Business, Featured, News Letter, Payroll
A new study completed by Instant Financial and Center for Generational Kinetics, shows that 60% of Americans believe that their employers should offer them immediate access to their earnings. A majority of employers currently pay their staff wages for services...
by candy | Mar 14, 2023 | IRS, News Letter
Are you an officer of a corporation and need to know what the IRS considers reasonable compensation? It is important to note that reasonable compensation doesn’t apply to partnerships or sole proprietorships because these individuals are not considered employees...
by candy | Feb 24, 2023 | Business, Featured, News Letter
Every employer should have an employee handbook available to their staff. No matter the size of business, handbooks are an essential workplace tool that helps guide philosophy and show employees what’s expected of them. Items your handbook should cover...