Employers May Give Employees Tax-Free Disaster Relief

If they carefully follow the guidelines, employers may give cash payments to employees for disaster relief, tax-free. Under Sec. 139 of the Internal Revenue...

Good Accounting is so Important

Great accounting is so important for each and every business, but too many are lacking in this area. Most use standard income statements and balance sheets, but there is so much more information business owners need that is not available in these basic financial statements.

Be Ready to Protect Your Money When the IRS Audits

We can all expect to get bad news occasionally throughout our lives and for most of us, the good news outnumbers the bad, so we shouldn't complain too much. However, that's hard to remember when you receive a letter from the IRS notifying you of an audit; an experience I was treated to not long ago.

3 Important Multi-State Tax Facts Companies Need to Know

What do software companies need to know about when it comes to multi-state tax issues? Last year we shared an overview of nuances many...

How to Handle Taxes on Bonus Wages Like a Payroll Expert

This blog post is written for American businesses. Click here for How the Bonus Tax Method Works in Canada. Supplemental wages are the wage payments you pay...

2016 Tax Guide Part 3: Personal & Business Tax Credits

Tax credits are an excellent option for reducing your actual tax bill, as opposed to reducing your taxable income through a tax deduction. There...

Looking to Expand to Another Country? Check Your Finance Translations First

There are many barriers to entering into a completely unfamiliar market in another country, but the benefits that it carries are huge. One of these barriers can be language.

Direct Selling Tax Deductions Save $

Direct selling tax deductions are one of the top advantages of working from home. Operating a direct selling business from home opens the door for...

Running an Etsy Shop: Knowing How to Handle Your Taxes

Each year, millions of people choose Etsy as an avenue to sell – and buy – unique goods. If you have considered opening an...

Research Credit Can Offset Payroll Taxes for Small Businesses

Does your small business engage in qualified research activities? If so, you may be eligible for a research tax credit that you can use...

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