Double-check the rules on spousal consent for 401(k) distributions
September 27, 2021
The rules for when an employer must require spousal consent for a 401(k) distribution or loan are subject to many conditions. Here’s a brief review.
Is it time to upgrade your accounting system?
September 24, 2021
If you’re thinking about upgrading your company’s accounting system, cost is an important factor. But it’s not the only one. Here are four other critical issues to consider before you pick what’s right for your business.
Is a Health Savings Account right for you?
September 22, 2021
If you’re an employee, you may be able to get a Health Savings Account with your employer. You can also open one of these tax-saving accounts through some banks and other financial institutions. Here are the basic rules.
Tax depreciation rules for business automobiles
September 21, 2021
Claiming depreciation deductions for a passenger automobile can involve complex calculations. Here are the basic rules.
Employers: Will your health insurance be “affordable” in 2022?
September 20, 2021
Employers, act now to determine whether you could be subject to an Affordable Care Act penalty for your 2022 health care coverage.
Related-party transactions draw attention from auditors
September 17, 2021
Does your business interact with your friends, relatives and subsidiaries? If so, you may need to disclose the details of those transactions and relationships in your financial statements. Here’s why and how auditors pay special attention to related parties.
