Keep Fraud Out of Your Law Firm
As counterintuitive as it may seem, law firms aren’t immune to criminal activity. Because some firms place enormous pressure on attorneys to produce billable […]
Simple Retirement Savings Options for your Small Business
Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens […]
Being More Productive with the 80/20 Rule
As posted to the FightMediocrity YouTube Channel on 10/24/14
(Run time: 3 min, 52 sec)
Revisiting California’s Worker Classification Law AB 5
In 2019, AB 5 was signed into law with an effective date of 1/1/2020. Under AB 5, most workers are presumed to be employees for purposes of the Labor […]
Who Qualifies for “Head of Household” Tax Filing Status
When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, married filing separately, head of household or qualifying […]
Small Businesses, Big Fraud Risks
It’s not always easy being small. For one thing, small businesses (with fewer than 100 employees) experience higher occupational fraud losses: a median $150,000 […]
Tax Advantages of Hiring Your Child at your Small Business
As a business owner, you should be aware that you can save family income and payroll taxes by putting your child on the payroll.
What If You’re Not Ready to File Your 1040 by 5/17/21?
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May 17, 2021. The IRS […]
“Reasonable Compensation” for C Corporation Business Owners
Owners of incorporated businesses know that there’s a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason: A […]
Importance of Meeting Tax Return and Payment Deadlines
The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay your tax return […]
