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 […]
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 […]
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.
“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 […]
Consider a Heavy SUV as Your New Business Vehicle
Are you thinking about buying or replacing a vehicle that you’ll use in your business? If you consider a heavy SUV, you may be […]
Is an S Corporation the Best Choice of Entity?
Are you thinking about launching a business with some partners and wondering what type of entity to form? An S corporation may be the […]
COVID-Related Deadline Extensions for Health Care Benefits
The U.S. Department of Labor (DOL) recently issued EBSA Disaster Relief Notice 2021-01, which is of interest to employers. It […]
Tax Considerations When Launching a Sole Proprietorship
While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses. Many of these people […]
Business Highlights in the new American Rescue Plan Act
President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best known for the provisions […]
Work Opportunity Tax Credit Extended Through 2025
Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals from one or more targeted groups. Employers […]
