Parking Reimbursements for Employees: What You Should Know
There’s no way around it I know, the commute to work combined with the lack of parking in big cities is frustrating to many. Some employers have the ability to set up […]
Business
Secure 2.0 Retirement and Student Loan Payments
Understanding the IRS Rule Effective in 2024, the SECURE 2.0 Act permits employers to contribute to an employee’s retirement plan, such as a 401(k) or 403(b), based on the employee’s student loan […]
“Can I Deduct the Cost of My Commute to Work?”
If you’re wondering about your commuting expenses and whether or not they are potentially deductible we have all your information. Unfortunately, commuting expenses, such as driving between your house and your office, […]
IRS Offers New Tax Extension
The Internal Revenue Service (IRS) made an announcement this week that has provided much-needed tax relief for individuals and businesses grappling with the aftermath of severe storms and flooding that struck parts […]
Navigating the New Corporate Transparency Act: What Every Business Owner Needs to Know
The rules for most domestic businesses have undergone a major change that business owners can’t afford to ignore. Effective January 1st, 2024, the Corporate Transparency Act now mandates that alongside state filings […]
Preparing Your Business for Tax Season
While tax season can be hectic for some people, it doesn’t always have to be. We have a comprehensive guide to help business owners prepare for tax season. Step 1: Organize Your […]
Navigating Employee Retention Credit Refunds: A Guide for Tax Reporting
Understanding the Basics The Employee Retention Credit (ERC) has been a crucial financial aid for many businesses during challenging economic times. However, once you’ve obtained this benefit, it’s essential to know how […]
Should You Take Out A Loan Or A Line Of Credit For Your Business
Before you go into debt with your business, you’re going to want to read this. Today, we’re going to share with you the pros and cons of getting a loan or line […]
Home Office Tax Deductions
If you own a business and work from home, you’re going to want to know about this important tax deduction. If you are a business owner who uses your home frequently for […]
California Residents Receive A Tax Extension
Record breaking winter storms took to the state of California in the early parts of this year. As a result the IRS has given CA residents an extension to the tax deadline […]
Possible Recession: Should I Invest Or Save?
With banks failing and a recession looming, many are wondering whether they should invest while the stock market is low or save money. During a down time in the economy, cash is […]
How To Set Your Business Up for Success During a Recession
With banks failing and a recession looming, we have one piece of advice to make sure your business survives. Amidst the influx of money and stimulus funds, it is easy for some […]