6.28.19
Midyear Tax Planning: Is It Time to Switch Accounting Methods?
The Tax Cuts and Jobs Act (TCJA) liberalizes the eligibility requirements for certain accounting methods that are generally easier to use and more flexible. As…
6.28.19
New York State Eliminates Sales Tax Exemptions for Manufacturers
On April 1, 2019, New York State Legislators approved their 2020 fiscal year budget, which included several provisions that will adversely affect New York companies,…
6.25.19
Which Entity Is Most Suitable for Your New or Existing Business?
The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax…
6.25.19
Calculating Fraud Damages Isn’t as Simple as It May Seem
When businesses are defrauded, courts can — and in some states must — order restitution. But it isn’t always easy for judges to decide how…
6.14.19
Hiring This Summer? You May Qualify for The Work Opportunity Tax Credit
Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the Work Opportunity Tax Credit (WOTC).…
6.14.19
Don’t Mistake Kickbacks for Gifts
Kickbacks return a portion of the money exchanged in a business transaction as compensation for favorable treatment. They’re illegal in the United States and many…
6.14.19
Tips for Organizations to Recruit and Retain Top Quality Employees
In the everchanging job market the ability to attract and retain top-tier talent is becoming increasingly difficult. Many organizations continue to utilize standard hiring practices…
6.7.19
Cybersecurity Essentials for the Everyday World (Part 2)
In our previous article, we spent some time reviewing some security basics specific to monitoring of our bank and credit card accounts, and best practices…
6.6.19
Construction Companies: How to Avoid IRS Problems from Using Independent Contractors
Chances are, your construction company hires subcontractors, rather than employees, to perform some of the work. These arrangements obviously save your company a lot of time,…
6.6.19
Don’t Put Off Creating a Well-Crafted Buy-Sell Agreement
The thought of creating a buy-sell agreement may strike a certain amount of trepidation into the hearts of some contractors. The mere suggestion of ownership…