9 tax considerations if you’re starting a business as a sole proprietor
February 6, 2024
Many new ventures start out as sole proprietorships. Here are nine considerations if you’re operating a business that way.
Inventory management systems: What’s right for your business?
February 5, 2024
Carrying too much inventory can be costly. Here are two alternative inventory management systems that could reduce your business’s inventory carrying costs and boost profits.
Employers: Beware of payroll tax errors
February 2, 2024
Employers: Is your payroll process as efficient and accurate as possible? Serious mistakes could lead to IRS penalties.
If you gave to charity in 2023, check to see that you have substantiation
January 31, 2024
Did you make a charitable gift last year and are hoping for a tax break when you file your return? Here are the donation rules to secure a deduction.
Update on IRS efforts to combat questionable Employee Retention Tax Credit claims
January 30, 2024
Aggressive marketing encouraging businesses to claim the pandemic-related Employee Retention Tax Credit led to many taxpayers erroneously receiving refunds. The IRS has a program that allows them to come forward and repay part of the money before collection efforts begin.
Solid financial reporting can help attract debt and equity financing
January 29, 2024
Access to capital is a major concern for business owners today. Timely, reliable financial statements are key to opening the door to the debt and equity funds.
