August 5, 2020
/
News
Thoughtful onboarding is more important than ever
When your business is ready to start hiring, if it’s not already, a thorough onboarding program will help new hires feel safe and ready to hit the ground running.
Read More
August 4, 2020
/
News
The tax implications of employer-provided life insurance
Employer-provided group term life insurance can be a nice employee benefit. But depending on the amount of coverage, it may cause an unwanted tax result. Here’s why.
Read More
August 3, 2020
/
News
File cash transaction reports for your business — on paper or electronically
If your business receives large cash or “cash equivalent” payments, you may have to report the transactions to the IRS. Here are the details.
Read More
July 29, 2020
/
News
Strengthen your supply chain with constant risk awareness
The COVID-19 crisis has drawn a lot of attention to supply chains. On this front, business owners should be on the lookout for “concentration” risks.
Read More
July 28, 2020
/
News
Are scholarships tax-free or taxable?
Scholarships are generally tax-free but there are times when academic awards result in taxable income.
Read More
July 27, 2020
/
News
Why do partners sometimes report more income on tax returns than they receive in cash?
Partnerships and partners are taxed differently than corporations. In some cases, partners may be taxed on more partnership income than was distributed to them from their partnerships. Here’s why.
Read More
July 22, 2020
/
News
Reopening concepts: What business owners should consider
Is your business ready to reopen or expand its operations under local COVID-19-related guidelines? You’ll face difficult decisions but may also encounter practical opportunities.
Read More
July 21, 2020
/
News
Take advantage of a “stepped-up basis” when you inherit property
If you’ve inherited assets or you’re planning your estate, it’s crucial to understand the fair market value basis rules (also known as the “step-up and step-down” rules). That way, you won’t pay more tax than you’re legally required to.
Read More
July 20, 2020
/
News
Even if no money changes hands, bartering is a taxable transaction
For hundreds of years, businesses have engaged in bartering. It’s popular during times of economic downturns, which many businesses are suffering now due to COVID-19. But if you trade goods or services, be aware of the tax consequences.
Read More
July 15, 2020
/
News
Does your business have a unique selling proposition?
Every business owner needs to ensure his or her company stands out from the competition. A unique selling proposition enables you to put this distinction into words.
Read More
