Small business strategy: A heavy vehicle plus a home office equals tax savings
January 16, 2025 | Jennifer Springer
Read this blog to find out how to get the tax savings from having a home office and a heavy vehicle.
Read MoreIs it time for your business to fully digitize its accounts receivable?
August 10, 2022 | Brian Hare, CPA, CGMA
Many smaller businesses continue to suffer the downsides of paper-based accounts receivable processes. Here’s why prudently upgrading to a fully digital system can pay off in the long run.
How to treat business website costs for tax purposes
August 4, 2022 | Ryan Burke, CPA, MSF
How do you handle the costs involved in developing your business website for tax purposes? Here are the general rules.
Three tax breaks for small businesses
August 4, 2022 | Brian Hare, CPA, CGMA
You don’t have to be a large business to benefit from tax breaks. Here are 3 ways that eligible small businesses can save on taxes.
Is your withholding adequate? Here’s how to check
August 4, 2022 | Megan Kosciolek, MST
A big tax bill (or a large refund) may mean you don’t have the proper amount of tax withheld from your paycheck. Here’s how to make sure that doesn’t happen next year.
How to avoid the early withdrawal tax penalty on IRA distributions
August 3, 2022 | Paula Kennedy, EA
If you want to take money out of your traditional IRA before age 59½, you’ll generally have to pay an early withdrawal penalty on top of the regular income tax you’ll owe. But there are exceptions to avoid the penalty.
Provide employee parking? Here’s what the IRS wants to know
August 3, 2022 | Brian Hare, CPA, CGMA
Many offices, plants and other business facilities are once again filled with real, live people. And those hard-working employees need somewhere to park. If your company provides parking as a fringe benefit — either on or near your premises or at a location from which employees commute — the IRS may take an interest in […]
6 steps to easing employees’ fears about innovation
August 3, 2022 | Brian Hare, CPA, CGMA
If your business wants to break the mold and roll out an innovation, one of the obstacles you might face is employee resistance. A step-by-step approach can help.
Important considerations when engaging in a like-kind exchange
July 20, 2022 | Megan Kosciolek, MST
Interested in a “like-kind” exchange of real property? Here are the basic rules.
The kiddie tax: Does it affect your family?
July 20, 2022 | Paula Kennedy, EA
Do your children have investment income? They may owe “kiddie tax.” Here are the basic rules.
How to keep remote sales on point
July 20, 2022 | Brian Hare, CPA, CGMA
Many businesses continue to allow or even encourage salespeople to work remotely. Be sure to give your remote sales staff the attention and support they deserve.