You May Need to Issue 1099’s
How do you know if you need to issue 1099’s? Many of our clients who own or run a business have asked about the IRS… Read More »You May Need to Issue 1099’s
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Why Your Business Needs a Budget
Why Your Business Needs a Budget to make informed decisions. Isaac knows that having a budget is key to running a successful small business. But… Read More »Why Your Business Needs a Budget
Make a Move, Score a TAX BREAK
Everybody likes tax breaks. For many taxpayers, the tax break they get on the gain from selling a home is one of the most valuable… Read More »Make a Move, Score a TAX BREAK
NONPROFITS: Don’t Ignore These Tax Issues
The tax-exempt status that nonprofit organizations enjoy does not relieve them of all tax-related concerns. If you are involved with a nonprofit in a leadership… Read More »NONPROFITS: Don’t Ignore These Tax Issues
How to Avoid Internet Fraud
Is Your VENDOR LIST Hiding Something? If it is, the “something” could be internal fraud. Internal fraud is something businesses of all sizes need to… Read More »How to Avoid Internet Fraud
The IRS Announced the 2015 Limits for Health Saving Accounts (HSA’s)
THE IRS RECENTLY ANNOUNCED THE 2015 LIMITS FOR HEALTH SAVINGS ACCOUNTS. An individual with self-only coverage under a high-deductible health plan (HDHP) will be able… Read More »The IRS Announced the 2015 Limits for Health Saving Accounts (HSA’s)
Are you a Boss? You may be if you have help at home
WHO’S the Boss? Do you have someone come in to help around the house, such as a housekeeper, nanny, or gardener? If so, that person… Read More »Are you a Boss? You may be if you have help at home
Amending a Tax Return
It doesn’t happen all that often, but taxpayers sometimes receive corrected or missing tax information after they’ve already filed their federal income-tax returns. If it… Read More »Amending a Tax Return
Don’t Let Taxes Trip You Up
The last thing you need as a small business owner is to have to spend time unraveling tax problems you could have avoided. There are… Read More »Don’t Let Taxes Trip You Up
Severance Pay Subject to FICA
Chalk one up for the IRS. In a much-watched case, the U.S. Supreme Court recently ruled* that severance payments are wages subject to Social Security… Read More »Severance Pay Subject to FICA