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
Hidden Traps of Using Remote Workers
Remote work arrangements are permanent for many companies. But there are some cautions for employers. Don’t overlook any of the following:
How to Get Relief from Small Business Government Regulations
Small businesses have to comply with government regulations of which there are thousands and thousands, with more to come.
How Does Raising Your Company’s Prices Impact Your Taxes
NFIB reports that 70% of small businesses have raised prices, especially in such industries as wholesale, construction, retail trades, and manufacturing.
Low-Cost Retirement Plan Options
Finding a plan that won’t bust your budget is very doable. Here are some ways to make having a retirement plan affordable.
Questions on Estimated Taxes for the Self-Employed and How to Handle Them
Self-employed individuals meet their tax payment obligations through estimated taxes. The following are some general questions about federal estimated taxes and what to do.
5 New Things to Note on Your 2021 Business Return
Many tax items-deductions, credits, etc. have new limits for 2021 due to cost-of-living adjustments and new laws, certain new items stand out. Don’t overlook the following.
Raising Wages Versus Adding Fringe Benefits
Raising wages versus adding fringe benefits. Most fringe benefits (“perks”) are tax-free to employees. Perhaps the most desired benefit is health coverage.
Tips for Giving an Employee Financial Help
Many employees are still reeling from COVID-19-related problems and now, with high inflation, may face new financial challenges.
Adjust Your Payroll Costs for 2022
In crafting your budget for the coming year, be sure to factor in adjustments in payroll costs as needed due to practicalities and law changes.
3 Pending Changes that Could Impact Year-End Small Business Tax Planning
Congress has been debating a number of big bills that contain tax changes. Some of the proposed changes are favorable; many are not.
Outside-the-Box Benefits for Employees
Today’s tight job market makes it imperative for small businesses to offer an array of benefits to employees.
