News
3 hot hiring-related trends that employers should be aware of

3 hot hiring-related trends that employers should be aware of

November 15, 2024

How employers go about hiring is subject to both conceptual and technological changes. Let’s check out three of the hottest trends.

You don’t have to be in business to deduct certain vehicle expenses

You don’t have to be in business to deduct certain vehicle expenses

November 13, 2024

When can individual taxpayers deduct vehicle-related expenses? And how much can they deduct? Here are the amounts for 2024.

Beyond the numbers: 5 red flags that may indicate financial distress

Beyond the numbers: 5 red flags that may indicate financial distress

November 12, 2024

To spot financial distress early, it sometimes pays to look at more than just a company’s financials. Here are some red flags to watch for.

How to report contingent liabilities in your company’s financial statements

How to report contingent liabilities in your company’s financial statements

November 8, 2024

Is a contingent loss remote, probable or reasonably possible? The answer determines whether to disclose it in the footnotes and accrue a liability on the balance sheet.

From flights to meals: A guide to business travel tax deductions

From flights to meals: A guide to business travel tax deductions

November 7, 2024

If you’re a small business owner, you want to take full advantage of the tax deductions allowed for business travel. They can reduce your taxable income. Safe travels and happy deducting!

The nanny tax: What household employers need to know 

The nanny tax: What household employers need to know 

November 6, 2024

In 2024, if you pay a household worker cash wages of $2,700 or more, you must withhold and pay Social Security and Medicare taxes. What will this threshold be in 2025?