In today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and should be aware that the WOTC is available to employers that hire workers from targeted groups who face significant barriers to employment. The credit is worth as much as $2,400 for each eligible … Continue reading “Work Opportunity Tax Credit Provides Help To Employers”
Month: September 2022
How To Handle Evidence In A Fraud Investigation At Your Business
Every business owner should establish strong policies, procedures and internal controls to prevent fraud. But don’t stop there. Also be prepared to act if indications arise that, despite your best efforts, wrongdoing has taken place at your company. How you handle the evidence obtained during a fraud investigation could determine whether you’ll be able to … Continue reading “How To Handle Evidence In A Fraud Investigation At Your Business”
2022 Q4 Tax Calendar: Key Deadlines for Businesses & Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. Note: … Continue reading “2022 Q4 Tax Calendar: Key Deadlines for Businesses & Other Employers”
Separating Your Business From Its Real Estate
Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in the name of the business? You may want to rethink this approach. Any short-term benefits may be outweighed by the tax, liability and estate planning advantages of separating real estate from the business. Tax Implications … Continue reading “Separating Your Business From Its Real Estate”
Sometimes Businesses Need To Show Customers Tough Love
“We love our customers!” Many businesses proclaim this at the bottom of their invoices, in their marketing materials and even on the very walls of their physical locations. Obviously, every company needs a solid customer or client base to survive. But, to truly thrive, you need to evaluate which customers are reliably contributing to the … Continue reading “Sometimes Businesses Need To Show Customers Tough Love”
Year-End Tax Planning Ideas For Your Small Business
Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your small business taxes for this year and next. The standard year-end tax planning approach of deferring income and accelerating deductions to minimize taxes will likely produce the best results for most businesses, as will bunching … Continue reading “Year-End Tax Planning Ideas For Your Small Business”
Make Marketing Better With A Brand Audit
Mention the word “audit” to a business owner and you’ll probably get an anxious look. But not all audits are of the tax, financial statement or retirement plan variety. Besides an IRS audit, you can audit many areas of your company to help you better manage those functions. Take your brand with a brand audit, … Continue reading “Make Marketing Better With A Brand Audit”