Owners Should Utilize the Work Opportunity Tax Credit

With the utilization rate of less than five percent, business owners are leaving a ton of money unclaimed for this tax credit. What is the...

Switching Payroll Providers: A 5-Step Checklist

Any kind of change can feel overwhelming and switching payroll providers is no exception. Getting it wrong can also result in an administrative nightmare...

Secrets and Tips to Avoid or Conquer an IRS Audit

If your reported income seems a little high or low, chances are you might hear a knock on your door from the Internal Revenue...

What Do Business Plan Financials Look Like?

People often ask: What do business plan financials look like? You can get away with a sales forecast, spending budget, and cash flow plan. That’s...

Why You Need to Track Your Business Mileage

The most successful small business owners share a few common traits — they work really hard, they get a little bit of luck and...

6 Moves You Should Make After Tax Season

Another tax season has passed us by once again. If you filed your return(s) on time this year and did not need to obtain...

Tax Advantages: Reimbursing Employees for Education

Reimbursing employees for education expenses can both strengthen the capabilities of your staff and help you retain them. In addition, you and your employees...

Do You Owe Estimated Taxes on April 18?

We all know that April 18, 2017 is Tax Day this year—the day by which personal income tax returns must be postmarked and mailed...

Tax Rules for Bad Debts on a Balance Sheet

How do income tax rules treat bad debts? Facts: There are two provisions in the Income Tax Act (ITA) for bad debts. Discussion: The first way to claim...

How to Determine Taxability of Services

If you followed our recent series about multi-state tax facts for various types of technology companies, you likely noticed a common theme: it’s important...

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