May 2, 2024 | Business Planning, Estate Planning
Ensure the longevity and success of your business by creating a strategy to transfer ownership. Don’t let your hard work go to waste by failing to envision the company’s future without you at the helm. Follow the advice below to properly plan the estate of...
Apr 23, 2024 | Business Planning, Closely Held Business, Tax News
Being a business owner often means filling out forms, and the IRS and Department of Labor aren’t the only government entities you have to work with. The Equal Employment Opportunity Commission wants information too — from companies with more than 100 employees....
Mar 28, 2024 | Business Planning, Closely Held Business
Let’s say you’re a small business that doesn’t have enough employees to warrant an entire human resources department. At the same time, the idea of manually doing payroll just doesn’t suit you. After all, who wants to tackle payroll when there...
Mar 26, 2024 | Business Planning, Tax News
All business owners face the challenges of not only attracting talent but also retaining employees once they are hired. One major way to increase your employee retention rate is to offer a generous benefits package. However, that’s a lot easier said than done...
Mar 21, 2024 | Business Planning, Tax News
In a recent announcement, the IRS is reminding would-be entrepreneurs of the importance of understanding the tax implications of setting up their own businesses. To start with, you have to choose a form for your business. Your choice has a lot of implications for...
Mar 12, 2024 | Business Planning, Closely Held Business, Tax News
Your recordkeeping system should include a summary of every transaction that takes place in your business’ name. Make sure you maintain and update a summary of all business transactions. How to log and track your business tax records It’s best if you allocate...
