Summer is here, and you might be thinking about getting some vacation time. If you’re self-employed or a business owner, you have a golden opportunity to combine a business trip with a few extra days of vacation and offset some…
If you search “How to complete a W-9 form” in Google you’ll find 4,490,000,000 search results (apparently completing the W-9 form generates confusion for many people). This innocuous reporting form seems simple to complete, yet mistakes are frequently made when…
In the course of operating your business, you probably spend time and money “wining and dining” current or potential customers, vendors, and employees. What can you deduct on your tax return for these expenses? The rules changed under the Tax…
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. It doesn’t explicitly state that you can deduct office supplies and certain other expenses.…
You may have heard about the upcoming ‘go live’ July 1, 2019 date for Uber Eats to begin calculating, collecting and remitting sales tax on behalf of restaurants. This change could cause confusion for restaurant owners who could be concerned…
Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over a worker’s day-to-day activities. But the government is on the lookout for businesses that classify workers as independent contractors simply…
Scammers continue to find unsuspecting victims long after tax season has ended. According to the IRS, scammers have launched two new variations of tax-related scams. The first scam involves Social Security numbers related to tax issues and the second scam…
Do the upcoming minimum wage increases have your head spinning? On July 1, the minimum wage will increase in California, Illinois, Oregon, and other states. Not sure if your business will be affected? We’ve broken it down for you by…
Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s are now available at 70%…
Fake invoice scams are on the rise, and we are seeing multiple attempts from hackers trying new tricks. Fortunately, there are steps you can take to protect yourself from these attacks: Be vigilant – The scammers are getting better at…