The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that helped enable struggling businesses to retain employees. Even though the ERTC expired for most employers at the end of the third quarter of 2021, it could still be claimed on amended returns after that. According … Continue reading “Update on IRS Efforts to Combat Questionable Employee Retention Tax Credit Claims”
Month: January 2024
Seeing The Big Picture With An Enterprise Risk Management Program
There’s no way around it — owning and operating a business comes with risk. On the one hand, operating under excessive levels of risk will likely impair the value of a business, consume much of its working capital and could even lead to bankruptcy if those risks become all-consuming. But on the other hand, no … Continue reading “Seeing The Big Picture With An Enterprise Risk Management Program”
Tax-Favored Qualified Small Business Corporation Status Could Help You Thrive
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a tax-wise idea. Tax-Free Treatment for Eligible Stock Gains QSBCs are the same as garden-variety C corporations for tax and legal purposes — except QSBC shareholders are potentially eligible to exclude from federal income tax 100% of their stock sale gains. That … Continue reading “Tax-Favored Qualified Small Business Corporation Status Could Help You Thrive”
Account-Based Marketing Can Help Companies Rejoice In ROI
When it comes to marketing, business owners and their leadership teams often assume that they should “cast a wide net.” But should you? If your company is looking to drive business-to-business (B2B) sales, a generalized approach to marketing could leave key customers and optimal prospects feeling like they’re receiving vague messages from a provider that … Continue reading “Account-Based Marketing Can Help Companies Rejoice In ROI”