7.6.18
Tax Deductions and Construction: What Can Be Written Off?
Construction companies often have to deal with large expenses, either for materials, tools, the use of vehicles or any potential business costs they may need…
7.5.18
Don’t Let the Kiddie Tax Play Costly Games with You
It’s not uncommon for parents, grandparents and others to make financial gifts to minors and young adults. Perhaps you want to transfer some appreciated stock…
7.3.18
Retirement Plan Options for Business Owners
As a business owner, you may have most of your money tied up in your company — making saving for retirement especially challenging. If you…
7.2.18
4 Questions to Ask Before Hiring Household Help
When you hire someone to work in your home, you may become an employer. Thus, you may have specific employment tax obligations, such as withholding…
6.28.18
Supreme Court Opens Door to Taxation of Online Sales
In a much-anticipated ruling that confounded the expectations of many court watchers, the U.S. Supreme Court has given state and local governments the green light…
6.20.18
A Positive Audit: Internal Risk Assessment for Manufacturers
In an environment of ever-increasing competition, regulations and cyberattacks, an internal risk assessment audit can help shake a company from its lethargy by uncovering new…
6.18.18
New Accounting Rules for Leases
On February 25, 2016, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) intended to improve financial reporting of leasing transactions. This…
6.16.18
Keeping Up With OSHA Requirements for Manufacturers
Established in 1971, the Occupational Safety and Health Administration (OSHA) sets and enforces standards for all employers, regardless of the industry, to provide a safe…
6.13.18
Organizing a Job Costing System
Successful job costing can mean the difference between profitability and struggling to stay afloat. You may be frantically busy but dismayed that you’re not any…
6.11.18
The 3 Common Types of IRS Tax Penalties
Around this time of year, many people have filed and forgotten about their 2017 tax returns. But you could get an abrupt reminder in the…