…and tips on how to do it. The IRS may have granted us a reprieve for filing our income taxes this year, but we hope you’re well into your preparation for 2020 income taxes – or finished with them. … [Read more...] about Why You Need Year Round Tax Planning…
Common (and Costly) Payroll Errors and How to Avoid Making Them
Payroll is one of the most important aspects of any business, but it's one that, when running smoothly, business owners don't tend to think about; however, when there's a payroll glitch, it jumps to … [Read more...] about Common (and Costly) Payroll Errors and How to Avoid Making Them
What is the Employee Retention Tax Credit (ERTC)?
Eligible employers are entitled to an Employee Retention Tax Credit (ERTC) of up to 70 percent of the first $10,000 in wages and certain health care plan expenses paid per employee for each of the … [Read more...] about What is the Employee Retention Tax Credit (ERTC)?
The Consolidated Appropriations Act: 6 Ways It May Help Your Small Business
While another stimulus plan waits in the wings, we’re still learning about the impact of the previous one on small businesses. It was a long time coming, but it’s finally here. On December 27, … [Read more...] about The Consolidated Appropriations Act: 6 Ways It May Help Your Small Business
Families First Coronavirus Response Act in 2021 (FFCRA)
What is FFCRA? The Families First Coronavirus Response Act (FFCRA) was passed in response to the spread of the novel coronavirus and the disease it causes, COVID-19. The Act became effective on April … [Read more...] about Families First Coronavirus Response Act in 2021 (FFCRA)
“Extender” Legislation Impacts Individuals and Small Businesses
The federal spending package that was enacted in the waning days of 2019 contains numerous provisions that will impact both businesses and individuals. In addition to repealing three health care taxes … [Read more...] about “Extender” Legislation Impacts Individuals and Small Businesses