Oct 10, 2018 | Firm Updates, Small Business
In today’s job market, to attract and retain the best employees, small businesses need to offer not only competitive pay, but also appealing fringe benefits. Benefits that are tax-free are especially attractive to employees. Let’s take a quick look at some popular...
Feb 1, 2018 | Firm Updates, Individual Tax, Tax Tips
Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income subject to tax. Maximizing available credits is especially important now that the Tax Cuts and Jobs Act has reduced or...
Oct 3, 2016 | Small Business
The U.S. Department of Labor is implementing an updated rule regarding white collar employees’ exemptions from overtime eligibility. The new rule takes effect December 1, 2016, and can mean major changes for your business. The regulations determine whether a white...
Apr 26, 2016 | Small Business
It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected to stay in compliance with numerous, frequently changing federal laws and regulations. For example, have you identified all employees...