FREE IRS Report on Solving Tax Problems

Send Me the FREE Report
Stambaugh Law Offices

Lancaster, PA 717-390-0390

Toll Free 877-562-5912

Category: Business

Accounting ServicesBusinessEmploymentEstate PlanningFinancial PlanningProperty TaxTax PlanningTax PreparationTax ResolutionUncategorizedWise Living

The Rules Behind Employee Tips

If your employees receive cash tips from your customers, the tips may constitute taxable wages for payroll tax purposes. This subjects you as an employer to additional payroll tax withholding, […]

Read More

SEP-IRA: An Easy Retirement Plan for Small Businesses

In today’s environment, a company retirement plan can become a valuable asset for the owner and employees of the company. Along with providing a way for the owner to accumulate […]

Read More

PPP Loans are Still Available

As of the publishing of this newsletter, about one third of the $310 billion appropriated for the second round of Paycheck Protection Program funding is still available.  The Treasury has […]

Read More

5 Tips for Remote Workers Creating a Home Office

A lot has changed in the early months if 2020. Many workers found themselves working from home for the first time. But working from home can be a challenge even […]

Read More

5 Mandatory Registrations for Employers

Below are five common mandatory registrations for businesses with employees. 1. Federal Employer Identification Number To do business as an employer, you must obtain an Employer Identification Number from the […]

Read More

How to Handle On-Call Pay

Under the Fair Labor Standards Act, whether employees should receive on-call pay depends on whether the time spent on call qualifies as “hours worked.” If so, employees must receive at […]

Read More

The Basics of Sole Proprietorships

Businesses often start out as sole proprietorships simply because it is the simplest entity type with the easiest setup. Unlike other business structures, no formal set up is involved.  An […]

Read More

The Importance of Internal Controls

Internal controls are the processes that a company has in place to prevent and detect both errors and fraud.  Internal controls are thought of most often in accounting, but they […]

Read More

Everyone Who Works in an Office Should Meditate

Chances are you’ve heard of meditation before.  The word meditate, according to the Merriam-Webster Dictionary, simply means, “to engage in contemplation or reflection.”  The practice of meditation makes time for a specific […]

Read More

QuickBooks can Help Detect and Prevent Fraud

Too many businesses have experienced fraud first-hand. Those who survived the theft are quick to implement accounting more stringent accounting controls. Below are 10 tips for best practices related to […]

Read More

Understanding Sales Tax in the Post-Wayfair World

In June 2018, the U.S. Supreme Court decided South Dakota v. Wayfair. The ruling essentially stated that (subject to limitations aimed to protect small businesses) an economic presence in a jurisdiction, […]

Read More

DOL Issues New Overtime Ruling, With Large Raise to Overtime Floor

As noted in a September 24 statement, the Department of Labor has updated “the earnings thresholds necessary to exempt executive, administrative or professional employees from the FLSA’s minimum wage and […]

Read More