Here’s the latest on what’s changing for 2018: • Social Security wage base is changing – The 2018 Social Security wage base will increase to $128,400. • [...]
New W-2 and 1099 filing deadlines. In an effort to combat fraud, The Protecting Americans from Tax Hikes (PATH) Act of 2015 was passed by Congress and signed by President [...]
ASK THE TOUGH QUESTIONS Would you buy your product/service? Will you make a profit at the price? Are you solving a problem? What makes you different from competition? JOT [...]
Due dates for corporate income tax filers in certain counties impacted by Hurricane Irma have been extended until February 15, 2018. For more information, review the press [...]
It’s that time of the year, and small business owners everywhere are frantically putting records together and digging up receipts. Even though many of you hire tax [...]
Not saving your receipts may be a mistake. The IRS does not require receipts for less than $75.00. And even though it might seem more of an inconvenience to try to save [...]
SMALL BUSINESSES — whether just starting up or in the heights of success — face common challenges while managing risk. Success or failure is determined by how the [...]
Wage theft occurs when employees are denied their rightful compensation for hours worked. And although workers can pursue federal remedies for unpaid hours, their complaints [...]
Planning is the best way to stay financially afloat in a seasonal business. Those who experience a seasonal drop-off in business need to make sure to account for the leaner [...]
Many small business owners try to save money by doing their books on their own. Having a competent bookkeeper to handle the books can be extremely beneficial in that they [...]