by Stapley Accounting | Jan 4, 2023 | Employer
At Stapley Accounting Services, LLC we know as an employer, you’re no doubt well aware of your responsibility to withhold employment taxes — such as Social Security, Medicare and income taxes — from employees’ compensation. And, of course, you need to report that... by Stapley Accounting | Jan 3, 2023 | Business
Businesses of all stripes are about to embark upon a new calendar year. Whether you’ve done a lot of strategic planning or just a little, a good way to double-check your objectives and expectations is to revisit your business plan. Remember your business plan? If you... by Stapley Accounting | Dec 29, 2022 | Accounting, Savings
As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to be concerned with federal estate tax. Before 2011, a much smaller amount resulted in estate plans attempting to avoid it. But now, because many estates... by Stapley Accounting | Dec 28, 2022 | Employer
Know Your Limits The IRS recently announced the 2023-dollar limits and thresholds for qualified retirement plans, reflecting the latest cost-of-living adjustments. Here are some relevant amounts to be aware of: Contribution limits for 401(k)s and other defined... by Stapley Accounting | Dec 27, 2022 | Business
Retirement Plans Most growing small businesses reach a point where the owner looks around at the leadership team and says, “It’s time. We need to offer employees a retirement plan.” Often, this happens when the company is financially stable enough to administer a...