Congress recently passed the “Tax Cuts and Jobs Act” which impacts both individuals and businesses. Learn what are the two important changes in 2018 that will affect every business owner in the United States.
The quality of your employees can differentiate your business. So, how can you turn your business into a talent magnet? Consider offering a 401(k) plan. Read more
For many entrepreneurs, travel and entertainment (T&E) tax deductions can be a minefield. Certain expenses for business travel are deductible as long as they meet two criteria: They must be “ordinary and necessary” in the course of doing business, and they must be documented.
Back taxes can have serious consequences for a small business. They accrue interest and penalties, so your tax debt can quickly snowball. The IRS will hold any tax refund your business is entitled to until the past-due taxes are paid.
Although the ongoing efforts of Congress to repeal the Affordable Care Act (ACA) has cast doubt on the controversial law’s future, the IRS’ stance is clear. At the close of 2017, the Affordable Care Act still stands – and the IRS has sophisticated support systems in place to fully enforce it.
In this webinar, Martha O’Gorman, CMO of Liberty Tax, talks about the simple tools and tricks that make filing your small business taxes a breeze. Read more
Staying on top of complex and continual changing HR regulations is challenging, but a self-audit can help you avoid costly lawsuits or penalties due to non-compliance or misconduct. Here are three specific HR areas you should include in your audit based on recent trends.
If you run your business as a sole proprietor, you may need to pay estimated taxes to the IRS throughout the year. Read more
Are you completely confident you're correctly classifying workers as independent contractors? Read more
As one of the most desirable employee benefits, a retirement plan can help you attract and retain a higher caliber of employees. Read more