Brace yourself, the 2019 budgeting and business planning season is here. If you have regained your composure, it’s not all bad news. We know how busy small business owners are day in, day out. We also know that flying by the seat of your pants seems easier than taking time to budget income and [...]
Many Americans are still not aware as to how last year’s reformed tax legislation affects them. An even larger number haven’t realized that Congress’ tax reform will change the brackets for income taxes as a result. That’s why the IRS is encouraging employees to perform a ‘Paycheck Checkup’ by using the Tax Withholding Calculator.
For years, online retailers have enjoyed a competitive advantage over brick & mortar industries by promising lower rates to consumers while delivering products at their doorsteps. The Supreme Court has put a kink in the armor of the online e-commerce bonanza.
Earned sick leave is about the become law in New Jersey. It will be the 10th state to enact such legislation, allowing workers to get 1 hour of sick leave for every 30 hours worked and pre-empts any previous paid sick leave laws passed in the state.
Arm yourself with the information that could help you save money, avoid having to file an amended return, and still pay your fair share.
Once again the tax-filing season has arrived. The following steps (and our organizer) will ensure that your returns will be completed in an accurate and efficient manner.
Once again our thoughts turn to personal income tax preparation, as the tax-filing season has arrived. The following steps will ensure that your returns will be completed in an accurate and efficient manner. SAVE ALL YEAR END TAX INFORMATION STATEMENTS that are pertinent to completing your return (i.e. interest, real estate taxes, brokerage statements, etc.) [...]
Why should I care about a chart of accounts? Money in, money out. What’s left over is profit, right? Sales minus expenses equal profits, right? Such are the type of questions we often hear from people who are considering opening a small business. We also speak to this topic with new clients who have decided [...]
What's the difference between a Business Plan, a Forecast, and a Budget? Or as I prefer to label it: Exercise, Control, and Agility. It is crucial to think about this now, because as we near the end of the year it is always a good time to do a little refresher to plan for the [...]
Can We Write Off the Holiday Party? New and prospective clients ask this question every year about this time, and it’s no wonder. When you consider the tax code goes under revision every year, it’s conceivable that deductions come under scrutiny for businesses and people alike. Let’s be clear to start. If you have not [...]