by Stapley Accounting | May 15, 2025 | Uncategorized
Tuesday, April 15 is the deadline for filing your 2024 tax return. But another tax deadline is coming up the same day, and it’s essential for certain taxpayers. It’s the deadline for making the first quarterly estimated tax payment for 2025 if you’re required to make... by Stapley Accounting | May 13, 2025 | Business
Financial statements can fascinate accountants, investors and lenders. However, for business owners, they may not be real page-turners. Why Are Financial Statements Important for Business Owners? The truth is each of the three parts of your financial statements is a... by Stapley Accounting | May 8, 2025 | Uncategorized
When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately, head of household or qualifying widow(er). Only some people are eligible to file a return as a head of household. But if... by Stapley Accounting | May 6, 2025 | Business
Will your company be ready to add a health insurance plan for next year, or change its current one? If so, now might be a good time to consider your options. These things take time. A popular benefits model for many small to midsize businesses is sponsoring a... by Stapley Accounting | May 1, 2025 | Uncategorized
Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a cash flow problem. You may want to help by making a personal loan. That’s a nice thought, but there are tax implications that you should understand and take into... by Stapley Accounting | Apr 29, 2025 | Business
Many industries have undergone monumental changes over the last decade or so. Broadly, there are two ways to adapt to the associated challenges: slowly or quickly. Although there’s much to be said about small, measured responses to economic change, some companies... by Stapley Accounting | Apr 24, 2025 | Uncategorized
Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light of recent market volatility.) While such an investment might be something you’d rather forget, there’s a silver lining: you can claim a capital loss deduction... by Stapley Accounting | Apr 22, 2025 | Business
A strong sales team is the driving force of most small to midsize businesses. Strong revenue streams are hard to come by without skilled and engaged salespeople. But what motivates these valued employees? First and foremost, equitable and enticing compensation. And... by Stapley Accounting | Apr 17, 2025 | Uncategorized
There are some nice tax breaks for transportation-related employee fringe benefits. If your employer offers these tax-favored fringes, you should probably take advantage of them by signing up. Here’s a quick summary of the current federal tax treatment of... by Stapley Accounting | Apr 15, 2025 | Business
Today’s job seekers and employees have grown accustomed to having an incredible amount of information at their fingertips. As a result, many businesses find that failing to adequately disclose certain things negatively impacts their relationships with these parties....