12.9.22
Have You Considered a Cost Segregation Study?
Because of the economic impact of inflation, many companies may need to conserve cash and not buy much equipment this year. As a result, you…
12.9.22
The Pros and Cons of NQDC Plans
Nonqualified deferred compensation (NQDC) plans allow participants to set aside large amounts of tax-deferred compensation while enjoying the flexibility to schedule distributions to align with…
12.9.22
What’s Your Taxpayer Filing Status?
For many people, December 31 means a New Year’s Eve celebration. However, from a tax perspective, it means thinking about the filing status you’ll use…
11.21.22
Inflation Means You and Your Employees Can Save More for Retirement in 2023
How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently announced…
11.21.22
Computer Software Costs: How Does Your Business Deduct Them?
These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer software to use in your…
11.21.22
2023 Limits for Businesses That Have HSAs — Or Want To Establish Them
No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these…
11.20.22
How Your Nonprofit Can Break Bad Budget Habits
The end of the year is near, and many not-for-profits are starting to think about their 2023 budgets. If your budget process is on autopilot,…
11.20.22
The Fair Labor Standards Act Asks Your Nonprofit to Accurately Classify Staffers
Are the staffers at your not-for-profit employees or independent contractors? It’s an important question because under the Fair Labor Standards Act (FLSA), misclassifying workers can…
11.20.22
A Financial Dashboard Can Take Your Nonprofit Where It Wants To Go
Does your board have a quick and easy way to assess your not-for-profit’s financial performance? It does if it has a dashboard with carefully chosen…
11.18.22
Bring Manufacturing Workers Into the Fold With a Strong Employee Benefits Package
The labor shortage in the manufacturing sector has been well documented. As of October 2021, the number of workers in the industry had declined by…