An S Corporation Could Cut Your Self-Employment Tax
If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject to both income tax […]
If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject to both income tax […]
The Internal Revenue Service recently reminded businesses (in News Release 2021-47) of their responsibility to report large cash […]
Providing education assistance to employees is done by many businesses as a fringe benefits so their employees can improve their skills and gain additional knowledge. An employee […]
Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are properly classified for federal tax […]
Are you wondering whether alternative energy technologies can help you manage energy costs in your business? If so, there’s a valuable federal income tax benefit (the 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 […]
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 […]
As a business owner, you should be aware that you can save family income and payroll taxes by putting your child on the payroll.
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 […]
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 […]