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07
JUN
2021
Keeping meticulous business records for meal and vehicle expenses can protect your tax deductions. Here are some DOs and DON’Ts.

Recordkeeping DOs and DON’Ts for business meal and vehicle expenses

Keeping meticulous business records for meal and vehicle expenses can protect your tax deductions. Here are some DOs and DON’Ts.
26
MAY
2021
Business owners, you’ll likely soon be able to, once again, meet face-to-face with customers and prospects. Start preparing for trade shows and other events.

Are you ready for the return of trade shows and other events?

Business owners, you’ll likely soon be able to, once again, meet face-to-face with customers and prospects. Start preparing for trade shows and other events.
25
MAY
2021
About 39 million households covering 88% of children in the U.S. will begin receiving monthly tax credit payments soon. Here are the details.

Many parents will receive advance tax credit payments beginning July 15

About 39 million households covering 88% of children in the U.S. will begin receiving monthly tax credit payments soon. Here are the details.
24
MAY
2021
Businesses that provide Health Savings Accounts to employees know they have a variety of benefits. Here are a few of them, along with the inflation-adjusted amounts for the 2022 calendar year.

The IRS has announced 2022 amounts for Health Savings Accounts

Businesses that provide Health Savings Accounts to employees know they have a variety of benefits. Here are a few of them, along with the inflation-adjusted amounts for the 2022 calendar year.
19
MAY
2021
CRM software has become a go-to solution for businesses looking to track and manage customer relationships. Here are some ways to make sure the investment pays off.

Getting max value out of your CRM software

CRM software has become a go-to solution for businesses looking to track and manage customer relationships. Here are some ways to make sure the investment pays off.
18
MAY
2021
Congratulations if you filed your 2020 tax return by the May 17 deadline. But you may still have questions. We’re often asked about refund status, record retention and amended tax returns. Here are some answers.

Still have questions after you file your tax return?

Congratulations if you filed your 2020 tax return by the May 17 deadline. But you may still have questions. We’re often asked about refund status, record retention and amended tax returns. Here are some answers.
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.
10
MAY
2021
Employee or independent contractor? That’s the question businesses ask when they bring on certain workers. Here are the basic rules to help keep you out of tax trouble.

Help ensure the IRS doesn’t reclassify independent contractors as employees

Employee or independent contractor? That’s the question businesses ask when they bring on certain workers. Here are the basic rules to help keep you out of tax trouble.