by Stapley Accounting | Jan 28, 2025 | Business
In one way or another, most small to midsize businesses have addressed employees using personal devices for work. In 2022, online career platform Zippia reported that 83% of companies surveyed had a bring your own device (BYOD) policy “of some kind.” That percentage... by Stapley Accounting | Jan 27, 2025 | Business
Protect business continuity with an emergency succession plan Unanticipated crises can threaten even the most well-run company. And the risk is often greater for small to midsize businesses where the owner wears many hats. That’s why your company needs... by Stapley Accounting | Jan 23, 2025 | Uncategorized
Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your spouse both pay premiums. Read on to understand how taxes fit in. Premiums for Part B coverage Medicare Part B coverage is commonly called... by Stapley Accounting | Jan 21, 2025 | Business
Devising and executing the right succession plan is challenging for most business owners. In worst-case scenarios, succession planning is left to chance until the last minute. Chaos, or at least much confusion and uncertainty, often follows. Succession Planning... by Stapley Accounting | Jan 20, 2025 | Business
Is it time for your Cache Valley business to start outsourcing? As a small to midsize business grows, demands on its time, talent and resources inevitably expand right along with it. Many business owners reach a point where continuing to do everything in-house — or... by Stapley Accounting | Jan 16, 2025 | Uncategorized
If you’ve reached age 70½, you can make cash donations directly from your IRA to IRS-approved charities. These qualified charitable distributions (QCDs) may help you gain tax advantages. QCD basics QCDs can be made from your traditional IRA(s) free of federal income... by Stapley Accounting | Jan 14, 2025 | Business
Family businesses often start out small, with casual operational approaches. However, informal (or nonexistent) policies and procedures can become problematic as such companies grow. Take Your Business To The Next Level: A How-To Guide – Lead Grow Develop... by Stapley Accounting | Jan 13, 2025 | Business
Cache Valley businesses that sponsor a 401(k) must stay on top of it If your business sponsors a 401(k) plan for employees, you know it’s a lot to manage. But manage it you must: Under the Employee Retirement Income Security Act (ERISA), you have a fiduciary duty to... by Stapley Accounting | Jan 9, 2025 | Uncategorized
Inflation can have a significant impact on federal tax breaks. While recent inflation has come down since its peak in 2022, some tax amounts will still increase for 2025. The IRS recently announced next year’s inflation-adjusted amounts for several provisions. Here... by Stapley Accounting | Jan 8, 2025 | Uncategorized
Making the most of the new deduction for seniors For 2025 through 2028, individuals age 65 or older generally can claim a new “senior” deduction of up to $6,000 under the One Big Beautiful Bill Act (OBBBA). But an income-based phaseout could reduce or eliminate your...
