8.15.22
How To Treat Business Website Costs for Tax Purposes
These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted. Fortunately, established rules that…
8.12.22
A Family Budget for Your Needs — Today and Tomorrow
A wise person — who may or may not have been an accountant — once said, “Simplicity is the key to a family budget.” However,…
8.11.22
Should You Digitize Your Tax and Financial Records?
Traditionally, important tax and financial records have been stored as hard copies in desk drawers, filing cabinets and safe deposit boxes. These days, however, it’s…
8.11.22
When Is Employer-Provided Life Insurance Taxable?
If your company benefits include group term life insurance paid by your employer, a portion of the premiums paid for the coverage may be taxable.…
8.5.22
CHIPS Act Poised To Boost U.S. Businesses
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) was recently passed by Congress as part of the CHIPS and Science Act…
8.5.22
Understanding Risk Assessment to Prevent Fraudulent Activity
There are many fraud prevention tools and techniques available to companies today. Yet, dollar for dollar, none may yield greater results for preventing occupational fraud…
8.4.22
Key Tips for Preventing Profit Fade
Profit fade can be a serious problem for construction companies. It’s not only a red flag for sureties and lenders, but also a harbinger of…
8.4.22
Improve Your Hiring Process While Generating a Tax Credit: The Work Opportunity Tax Credit
As the nationwide struggle to find both skilled and non-skilled employees continues in a post-pandemic environment, many manufacturers have been faced with a harsh reality…
8.4.22
“Small” Manufacturing Companies May Be Eligible for Big Benefits
Small-sized manufacturers may enjoy several tax advantages that allow them to reduce their tax bills, defer taxes and simplify the reporting process. Federal tax rules…
8.4.22
Addressing Cybersecurity Before It’s Too Late
Manufacturers can’t afford to put cybersecurity issues on the back burner. Just because manufacturers may not sell directly to consumers doesn’t mean they’re not at…