by Ryan Burke, CPA, MSF | Apr 19, 2022 | Tax
In some cases, homeowners decide to move to new residences, but keep their present homes as a rental property. If you’re thinking of doing this, you’re probably aware of the financial risks and rewards. However, you also should know that renting out your home carries...
by Ryan Burke, CPA, MSF | Mar 1, 2022 | Business
By now, most business owners view technology upgrades as inevitable. Whether hardware or software, the tech your company relies on to operate will need to change slightly or even drastically for you to stay competitive. Strange as it may sound, technology upgrades...
by Ryan Burke, CPA, MSF | Jan 12, 2022 | Business
For many businesses, technology has changed from something they use to something they do. When a company reaches a point where IT plays a central role in operations and productivity, ownership might want to create one or more IT leadership positions to specifically...
by Ryan Burke, CPA, MSF | Jan 11, 2022 | Tax
If you’re an employer with a business where tipping is customary for providing food and beverages, you may qualify for a federal tax credit involving the Social Security and Medicare (FICA) taxes that you pay on your employees’ tip income. Basics of the credit The...
by Ryan Burke, CPA, MSF | Nov 3, 2021 | Business
Employers offer 401(k) plans for many reasons, including to attract and retain talent. These plans help an employee accumulate a retirement nest egg on a tax-advantaged basis. If you’re thinking about participating in a plan at work, here are some of the features....