Tax and Accounting
Sustainability and Accounting
Businesses have long gauged their success by the strength of their earnings. Today, however, more and more businesses are striving for sustainability in the marketplace. They recognize a three-pronged bottom line consisting of profits, people…
Why Local Accounting and Bookkeeping Knowledge is Essential
It should be pretty obvious that an accountant who has a great deal of general knowledge in accounting and bookkeeping is better for you or your business than one who doesn’t. But how important is…
How to Choose the Right Accountant for Your Business
Deciding that it is finally time to look for an accountant is a big step for any growing business, but you will have to make sure that your financial information — one of the most important areas…
TIGTA Reports Billions of Dollars of Uncollected Taxes
Despite having thousands of employees and information matching programs in place, the Internal Revenue Service has not always been able to follow up with every instance of a tax discrepancy. However, a recent report from…
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 Code, qualified disaster relief payments to employees are tax free to…
3 Charitable Giving Deductions You’re Missing Out On
There are lots of reasons to donate to charitable organizations, not the least of which is that, well, it just makes you feel good. But there are other reasons, too. The IRS has long realized…
Startup Checklist: What Should I Ask My Accountant?
It’s only numbers, right? How hard could it be? Think again. Your choice of an accountant can have a lasting impact on your business, often making the difference between success and failure. If you’re an…
An Expert Guide to US Payroll Taxes
U.S. Payroll Taxes — The Taxes No One Expects… While everyone is well aware of the impact of business income taxes, the sleeping giant of payroll taxes (also known as employment taxes or trust fund…
5 Reasons Your Small Business Should Switch to Digital Bookkeeping
In the 21st century, it would be an understatement to say technology and the internet have made running a business easier. With all this useful innovation at your fingertips, why would you continue to perform essential…
Heavy Vehicle & Deductible Home Office = Major Tax Savings
You can reap major tax savings with the heavy vehicle and home-office combo. The heavy vehicle produces quick deductions. The home office that qualifies as a principal office eliminates commuting miles, and such an elimination…