When partners pay expenses related to the business
May 10, 2024
If you’re a partner in a partnership business, can you deduct expenses you incur on your personal tax return? Here are the rules.
New final rule on overtime eligibility: What employers need to know
May 9, 2024
Employers: The DOL recently announced a new final rule regarding the minimum annual salary threshold that partly determines whether employees qualify for overtime pay. Key details here.
Pay attention to the tax rules if you turn a hobby into a business
May 8, 2024
There are a number of different hobbies that some taxpayers turn into businesses. Here’s how they can protect tax breaks on their tax returns.
4 cost-cutting areas to help your business boost profits
May 7, 2024
When was the last time your business performed a formal expense review? This exercise can pay off by lowering costs and raising profits.
Growing your business with a new partner: Here are some tax considerations
May 6, 2024
If you’re adding a new partner to your partnership, you may think the tough part is over once you find the right person. But there could be complex tax issues to consider.
How to communicate accounting information to laypeople
May 2, 2024
Stakeholders want accurate, transparent information about your organization’s financial performance. It’s up to you to supply them with information they fully understand to make informed decisions.
