FREE IRS Report on Solving Tax Problems
Send Me the FREE ReportEveryone 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 […]
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 […]
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, […]
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 […]
Employers: Know Your Tax Forms
If you run a business, you need to know about the following forms. Form W-2 Employers must complete a Form W-2 for each employee. These wages and taxes are reported […]
D.C. Implements Paid Leave Law
Starting in July 2020, the District of Columbia’s Paid Leave Act will provide up to eight weeks of parental leave to bond with a new child, six weeks of family […]
DOL Revisits Overtime Rule in Proposal
On March 7, the Department of Labor released a proposed rule that would raise the so-called salary-level threshold for white-collar exemptions to $35,308 per year from $23,660. This means that […]
Beware the Taxes of Self-Employment
You can be self-employed as a sole proprietor/an independent contractor, or a member of a partnership or of a limited liability company. As such, you need to file an annual […]
Common Sense Steps for Starting a Successful Business
How do you take an idea and create a profitable business? Here are some points to consider while planning your business and as you begin operating. Lay the proper groundwork […]
Beware the Taxes of Self-Employment
You can be self-employed as a sole proprietor, independent contractor, or member of a partnership or limited liability company. As such, you need to file an annual income tax return […]
What is Crowdfunding and How Does it Work?
Crowdfunding is the process of getting a large crowd of people to each pay a small amount of money to invest in an idea or product, typically with a tangible […]
Should You Honor All W-4 Requests?
Form W-4 helps employers determine how much federal income tax to take out of their employees’ wages. On the form, employees state their withholding conditions, such as filing status, number […]