5.17.19
Payroll Procedures for Commissioned Employees
Commission is a sum of money an employee receives for performing a certain task. This sum is typically a percentage of sales made. While some…
5.13.19
Can Contractors Claim R&D Benefits
Of particular relevance to contractors is the research and development tax credit, which is a tax incentive program. Also known as the research and experimentation…
5.7.19
Should You Be Worried About an IRS Audit?
Now that you’ve likely filed your 2018 tax return, one troubling afterthought may come to mind: Could I get audited? The mere notion strikes fear…
5.7.19
Send Your Kids to Day Camp and You May Get a Tax Break
Among the many great challenges of parenthood is what to do with your kids when school lets out. Do you keep them at home and…
5.7.19
Deducting Business Losses for Pass-Through Entities
It’s not uncommon for businesses to sometimes generate tax losses. But the tax law limits deductible losses in some situations. And the Tax Cuts and Jobs…
5.7.19
Innocent Spouse Rules Offer Protection Under Some Circumstances
Must one spouse pay the tax resulting from a fabrication or omission by another spouse on a jointly filed tax return? It depends. If the…
5.7.19
Changes With Parking for Employees – It May Impact Your Taxes
The Tax Cuts and Jobs Act contained various provisions that will impact businesses and even tax-exempt organizations of all sizes in multiple ways. One notable…
5.6.19
What Type of Expenses Can’t Be Written Off by Your Business?
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically…
5.6.19
Uncover Bogus Resumé Claims — and Prevent Bad Hires
Job applicants aren’t always honest on their resumés. And if you don’t investigate suspicious claims, you might end up hiring an unqualified and unethical employee…
4.26.19
Recordkeeping Rules for Your Manufacturing Company
When it comes to recordkeeping, manufacturing companies have a lot to contend with, such as accounting rules, making claims, tracking expenses for tax deductions, and…