The IRS clarifies what counts as qualified medical expenses
May 2, 2023
Can you deduct a gym membership as a medical expense on your tax return? What about nutritional supplements? The IRS recently answered these and other questions.
Use visual aids to enhance financial reporting
May 1, 2023
A picture is worth 1,000 words … or numbers. Here’s how graphs, charts and other visuals can make your financial data more digestible to financial statement users.
Protect the “ordinary and necessary” advertising expenses of your business
April 27, 2023
How does a business know if advertising and marketing expenses are “ordinary and necessary” so they can be deducted on its tax return? Here’s a look at the issue.
Now hiring: 10 questions to ask bookkeeper candidates
April 26, 2023
Hiring a bookkeeper for your small business can be a daunting task. Here are some helpful tips.
SECURE 2.0 law may make you more secure in retirement
April 25, 2023
Want to save more for retirement? You might be able to with the many changes in a new law signed on Dec. 29, 2022.
Including bonuses and other incentives in overtime calculations
April 24, 2023
Does your organization pay overtime to eligible employees? If so, be sure you’re familiar with the types of bonuses and incentives to include in the calculation.
