Substantiating Business Driving the Right Way
Small business owners may use their personal vehicles for business driving. In order to deduct the cost of business driving, you need to substantiate business use of the vehicle.
Barbara Weltman
Keeping Up with Federal Employment Law Regulations
Here are some recent federal employment law regulations you should be aware of to ensure you are always compliant and avoid any penalties.
Tax Decisions You Can Still Make for 2023
The 2023 tax year ended on December 31, 2023. But there?s still one chore remaining that relates to 2023 as you file for federal income tax.
Tax Rules for Cryptocurrency in Your Business
Over 6,300 businesses accepted Bitcoin as payment in 2023. What does accepting this payment mean for your business from a tax perspective?
What to Know About Seniors on Your Payroll
The number of workers age 65 and older is predicted to rise by 57.6%. By 2026. Here's what you need to know about seniors on your payroll.
Adjusting to a Dozen Higher Tax Limits for 2024
It?s good to know about 3 dozen tax rules are adjusted annually for inflation. Here are a dozen changes to note and what to do about them.
Preparing for Payroll Costs in 2024
Inflation continues to dominate the headlines, and it?s having an impact on your payroll costs. Here are some things to think about now.
What Will a Change in Overtime Rules Cost Your Business?
The U.S. Department of Labor (DOL) has proposed significant changes in overtime rules that it expects will impact 3.6 million salaried workers.
Tax and Financial Planning for a Disaster
September is National Disaster Preparedness Month, take this time to be sure your business has its tax and financial records secure.
Prizes, Awards, and Grants and Your Taxes
At just about any time of the year you can find contests targeting small businesses. Understand the implications so you factor them into your tax payments.
5 Things to Know About Having Tipped Employees
In the U.S. and some other countries, tipping is common. What does this arrangement mean for your business? Read on to get some answers.
5 Questions about Filing an Amended Return
There?s considerable uncertainty about aspects of amended returns. Here are some questions and answers to help settle matters.