RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Sun, 01 Aug 2021 09:00:00 -0500 Sun, 01 Aug 2021 09:00:00 -0500 Which Educator Expenses Are Tax Deductible? Teachers and other educators should remember that they can deduct certain unreimbursed expenses such as classroom supplies, training, and travel on their tax returns to reduce the amount of tax owed. Sun, 01 Aug 2021 09:00:00 -0500 Retirement Plan Options for Small Businesses Employer-sponsored retirement plans are a key component of retirement savings. If you're like many small business owners in the United States, you may be considering the various retirement plan options available for your company. Sun, 01 Aug 2021 09:00:00 -0500 Opting Out of the Monthly Child Tax Credit Payment While many families will benefit from the extra money deposited into their bank accounts, some may want to opt out and instead take the Child Tax Credit when they file their tax return next spring. Sun, 01 Aug 2021 09:00:00 -0500 Minimizing Capital Gains Tax on Sale of a Home Learn how to avoid capital gains tax and why home improvements that qualify for the residential energy property credit can make a difference when selling your home. Sun, 01 Aug 2021 09:00:00 -0500 Key Tax Changes Could Affect Your Tax Situation in 2021 Key tax provisions in the American Rescue Plan Act of 2021 could affect your tax situation. Here's what you need to know. Sun, 01 Aug 2021 09:00:00 -0500 Are You Marketing to the Right Audience? So how do you know if you're marketing to the right people? Tue, 27 Jul 2021 09:00:00 -0500 Reflection Time - Know Your WHY. You have probably heard of Simon Sinek's TEDx, Start with Why. A lack of WHY may be holding you back from growing your business. Tue, 20 Jul 2021 09:00:00 -0500 How Do You Know It\'s Time to Streamline Business Processes You go through the same business processes daily and weekly and probably never stop to think about whether they are efficient or not. Spending a little time assessing and planning will help you to work smarter and more profitably. So, how do you know when it's time to examine your processes? Tue, 13 Jul 2021 09:00:00 -0500 How You Can Turn Repeat Tasks into Business Processes How much time do you spend doing the same things day after day. If you track your time, you are likely to find you spend a lot of time on repetitive tasks. Turn these daily tasks into business processes to help you grow, scale, and profit. Tue, 06 Jul 2021 09:00:00 -0500 What Is the Net Investment Income Tax? The Net Investment Income Tax tends to affect wealthier individuals, but in certain circumstances, it can affect moderate-income taxpayers too. Thu, 01 Jul 2021 09:00:00 -0500 Small Business: Understanding Payroll Expenses Whether you're a small business owner who is just starting or one who has been in business for a while - ready to hire an employee or two - here is what you should know about withholding, reporting, and paying employment taxes. Thu, 01 Jul 2021 09:00:00 -0500 Settling Tax Debt With an IRS Offer in Compromise If you owe money to the IRS, an offer in compromise could be the answer. Thu, 01 Jul 2021 09:00:00 -0500 Employee Relocation: What Happens to Your Home? Employees and small business owners often have questions about what to do with an employee's home - and what the tax consequences might be - when they move to a new job location. Here are some answers. Thu, 01 Jul 2021 09:00:00 -0500 Advance Child Tax Credit Payments Start This Month More than 36 million American families may be eligible to receive monthly Child Tax Credit payments starting July 15, 2021. Here's what families need to know. Thu, 01 Jul 2021 09:00:00 -0500 How to Identify Time-Wasters in Your Business Processes â??We always have time enough, if we will but use it aright.â?-Johann Wolfgang Von Goethe. One of the easiest ways to simplify your business processes is to identify activities that are wasting time and eliminate them. You can get rid of them by tightening up, streamlining, delegating, outsourcing, or automating the task. But the first step is to figure out your bottlenecks and the things that are draining your teamâ??s time. Tue, 29 Jun 2021 09:00:00 -0500 How Documenting Your Business Processes Can Make Onboarding and Training Easier Every business is a collection of systems and processes. Activities that make up your processes are performed every day, but have you ever taken the time to map them out? Mapping and and documenting systems, processes, and workflow can help your business grow stronger and more profitably. Tue, 22 Jun 2021 09:00:00 -0500 3 Ways to Streamline & Simplify Business Processes When you are trying to find ways to simplify and streamline your business processes, one option to get rid of tasks is to give them to someone else. Mon, 14 Jun 2021 09:00:00 -0500 Real Estate Depreciation Deductions - Land vs Building When you purchase business or investment real property, such as apartment buildings or houses, you pay a lump sum for the building, the land and any improvements made. There is no breakdown of the cost for each component. Tue, 08 Jun 2021 09:00:00 -0500 Work Opportunity Tax Credits for Business Owners Work Opportunity Tax Credits for Business Owners Wed, 02 Jun 2021 09:00:00 -0500 Tax Deductions for Business-Related Car Expenses Find out more about options for deducting business-related car expenses on your tax return. Mon, 31 May 2021 09:00:00 -0500 Business Meals & Entertainment Deductions Sun, 23 May 2021 09:00:00 -0500 Good to Know Series: Fraud Update In the first of our Good To Know Series Updates, our thoughts on fraud prevention and identity theft today. Wed, 17 Dec 2014 09:00:00 -0600 ObamaCare October 1 Deadline to Notify Employees Affordable Care Act October 1 Deadline to Notify Employees About Health Care Marketplace Options Tue, 01 Oct 2013 09:00:00 -0500 IRS Phishing Scams Tue, 15 Nov 2011 09:00:00 -0600 Employees will receive a 2% raise in the coming year The Tax Relief Act of 2010 has reinstated a number of favorable provisions that will benefit taxpayers in 2010 and beyond. Tue, 28 Dec 2010 09:00:00 -0600 HIRE Act promises aid for employers in 2010 and beyond New benefits for employers are part of the HIRE act. Tue, 07 Sep 2010 09:00:00 -0500 Professional service companies may have dodged a bullet Certain professional services business may be under increased scrutiny. Thu, 08 Jul 2010 09:00:00 -0500 Do You Work from Home? Information on home office deductions Tue, 13 Apr 2010 09:00:00 -0500 Article on OPEN Network by American Express I shared some ideas for entreprenuers on the American Express OPEN Forum. Wed, 17 Mar 2010 09:00:00 -0500 Privacy - new rules require you to protect other people's information New privacy rules apply to information you have about Massachusetts residents. Sat, 13 Mar 2010 09:00:00 -0600 The IRS wants YOU... The IRS is taking a closer look at businesses who use Independent Contractors. Mon, 22 Feb 2010 09:00:00 -0600