Although the drop of the corporate tax rate from a top rate of 35% to a flat rate of 21% may be one of the most talked about provisions of the Tax Cuts and Jobs Act (TCJA), C corporations aren’t…
The recently passed tax reform bill, commonly referred to as the “Tax Cuts and Jobs Act” (TCJA), is the most expansive federal tax legislation since 1986. It includes a multitude of provisions that will have a major impact on businesses.…
With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Tax Cuts and Jobs Act (TCJA), signed into law in December, enhances bonus depreciation. Typically, taking this…
As we celebrate female restaurant owners during the month of February, lets take a moment and look at the environment women in the food industry currently face.
Are you a high-income small-business owner who doesn’t currently have a tax-advantaged retirement plan set up for yourself? A Simplified Employee Pension (SEP) may be just what you need, and now may be a great time to establish one. A…
The ink on the Tax Cuts and Jobs Act (TCJA), which swept in a tidal wave of changes to federal tax rules, had been dry for only seven weeks before Congress passed more legislation that could affect many taxpayers. The…
Quick – what’s the minimum wage? If you answered $7.25/hour, you’re correct. If you answered $11.50/hour or even higher, you’re also correct – it depends on where your business is located. The federal minimum wage is $7.25/hour, but 18 states…
Creating a hard to crack password has been similar to creating a witchcraft spell – upper and lower case letters, numbers, special characters, with the eye of a newt thrown in for good measure (does anybody know what a newt…
