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17
MAY
2021
Business owners that operate as an S corporation are subject to income tax, but not self-employment tax, on their share of the entity’s income. Here’s how the rules work.

An S corporation could cut your self-employment tax

Business owners that operate as an S corporation are subject to income tax, but not self-employment tax, on their share of the entity’s income. Here’s how the rules work.
12
MAY
2021
Has your business changed its policies or procedures during the COVID-19 pandemic? Probably so. Make sure your employee handbook accurately reflects these changes.

Look at your employee handbook with fresh eyes

Has your business changed its policies or procedures during the COVID-19 pandemic? Probably so. Make sure your employee handbook accurately reflects these changes.
12
MAY
2021
The pandemic has caused some people to turn to “gig” work to make up for lost income. Here are the tax consequences of taking on these jobs.

Working in the gig economy results in tax obligations

The pandemic has caused some people to turn to “gig” work to make up for lost income. Here are the tax consequences of taking on these jobs.
05
MAY
2021
If your business is a restaurant or anything like one, you may qualify for funding under the just-launched Restaurant Revitalization Fund. But you’ve got to act soon.

The Restaurant Revitalization Fund is now live

If your business is a restaurant or anything like one, you may qualify for funding under the just-launched Restaurant Revitalization Fund. But you’ve got to act soon.
05
MAY
2021
Americans got extra time to file their tax returns this year, but the deadline is looming. Here’s what to do if you’re not ready.

Tax filing deadline is coming up: What to do if you need more time

Americans got extra time to file their tax returns this year, but the deadline is looming. Here’s what to do if you’re not ready.
03
MAY
2021
Some employers offer educational assistance plans as a recruitment and retention tool. Here are the rules to help ensure the fringe benefit is tax free to employees.

Providing education assistance to employees? Follow these rules

Some employers offer educational assistance plans as a recruitment and retention tool. Here are the rules to help ensure the fringe benefit is tax free to employees.
28
APR
2021
The COVID-19 pandemic has emphasized the importance of self-care. In response, businesses are building or rebuilding employee wellness programs.

Is your wellness program built on a solid foundation?

The COVID-19 pandemic has emphasized the importance of self-care. In response, businesses are building or rebuilding employee wellness programs.
27
APR
2021
The IRS imposes penalties for failing to pay taxes due and failing to file required tax returns. With the May 17 filing deadline coming up, it’s a good time to review the amount of the penalties.

Why it’s important to meet the tax return filing and payment deadlines

The IRS imposes penalties for failing to pay taxes due and failing to file required tax returns. With the May 17 filing deadline coming up, it’s a good time to review the amount of the penalties.
26
APR
2021
There’s a great deal of interest in alternative energy technologies today. If your business invests in certain equipment or property, what are the federal tax benefits? This article explains.

Claiming the business energy credit for using alternative energy

There’s a great deal of interest in alternative energy technologies today. If your business invests in certain equipment or property, what are the federal tax benefits? This article explains.
21
APR
2021
Does your business keep an eye on what competitors are doing? This practice, known as competitive intelligence, can be useful but is also risky.

Ensure competitive intelligence efforts are helpful, not harmful

Does your business keep an eye on what competitors are doing? This practice, known as competitive intelligence, can be useful but is also risky.