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Does your business keep an eye on what competitors are doing? This practice, known as competitive intelligence, can be useful but is also risky.
April 21, 2021 / News

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.
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Many tax changes have been enacted recently to help mitigate the financial damage caused by COVID-19. They may affect you if you collected unemployment last year or if you buy health insurance through a “Marketplace.”
April 20, 2021 / News

Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes

Many tax changes have been enacted recently to help mitigate the financial damage caused by COVID-19. They may affect you if you collected unemployment last year or if you buy health insurance through a “Marketplace.”
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To keep executive compensation deductible, C corporation owners want to ensure it’s reasonable. Otherwise, it could be deemed a dividend. Here’s why it matters.
April 19, 2021

Know the ins and outs of “reasonable compensation” for a corporate business owner

To keep executive compensation deductible, C corporation owners want to ensure it’s reasonable. Otherwise, it could be deemed a dividend. Here’s why it matters.
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If your business can be defined as an applicable large employer, the recently signed American Rescue Plan Act might increase the likelihood that you’ll incur a penalty under the Affordable Care Act.
April 14, 2021 / News

Changes to premium tax credit could increase penalty risk for some businesses

If your business can be defined as an applicable large employer, the recently signed American Rescue Plan Act might increase the likelihood that you’ll incur a penalty under the Affordable Care Act.
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When you sell your home, you’ll pay tax (or avoid it) based on the “basis” of the property. Here’s how to determine yours.
April 13, 2021 / News

Home sales: How to determine your “basis”

When you sell your home, you’ll pay tax (or avoid it) based on the “basis” of the property. Here’s how to determine yours.
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Small business owners are sometimes reluctant to set up retirement plans because of the administrative burdens. Here are two options to consider that have less stringent requirements than traditional qualified retirement plans.
April 12, 2021 / News

Simple retirement savings options for your small business

Small business owners are sometimes reluctant to set up retirement plans because of the administrative burdens. Here are two options to consider that have less stringent requirements than traditional qualified retirement plans.
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The COVID-19 pandemic has accelerated the trend toward allowing employees to telecommute. In turn, effective IT support has become an important contributor to profitability.
April 8, 2021 / News

Providing optimal IT support for remote employees

The COVID-19 pandemic has accelerated the trend toward allowing employees to telecommute. In turn, effective IT support has become an important contributor to profitability.
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If you qualify to file as a “head of household,” you may pay less tax than if you file your tax return as a “single” individual.
April 6, 2021 / News

Who qualifies for “head of household” tax filing status?

If you qualify to file as a “head of household,” you may pay less tax than if you file your tax return as a “single” individual.
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Thinking about hiring your teenager to work in your business? There can be significant tax benefits.
April 5, 2021 / News

Tax advantages of hiring your child at your small business

Thinking about hiring your teenager to work in your business? There can be significant tax benefits.
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Could your small business or restaurant use a tax-advantaged loan from the Small Business Administration? A recently passed COVID-relief act offers a couple of intriguing options.
March 31, 2021 / News

EIDL loans, restaurant grants offer relief to struggling small businesses

Could your small business or restaurant use a tax-advantaged loan from the Small Business Administration? A recently passed COVID-relief act offers a couple of intriguing options.
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