by Stapley Accounting | Dec 5, 2024 | Uncategorized
Hiring household help, whether you employ a nanny, housekeeper or gardener, can significantly ease the burden of childcare and daily chores. However, as a household employer, it’s critical to understand your tax obligations, commonly called the “nanny tax.” If you... by Stapley Accounting | Dec 4, 2024 | Employer
The Mental Health Parity and Addiction Equity Act (MHPAEA) was enacted in 2008. Its chief mandate is to prevent group health plans and health insurance issuers from imposing more restrictive financial requirements and treatment limitations on mental health and... by Stapley Accounting | Dec 3, 2024 | Uncategorized
Success in business is often measured in profitability — and that’s hard to argue with. However, liquidity is critical to reaching the point where a company can consistently turn a profit. Even if you pile up sales to the sky, your bottom line won’t flourish unless... by Stapley Accounting | Nov 27, 2024 | Employer
In case you missed it, the Employee Retirement Income Security Act (ERISA) turned 50 earlier this year. If your organization has been administering employee benefit plans for any length of time, you’re likely well-acquainted with the law’s broad impact. However, many... by Stapley Accounting | Nov 26, 2024 | Uncategorized
For business-to-business (B2B) companies, effective marketing begins with credible and attention-grabbing messaging. But you’ve also got to choose the right channels. Believe it or not, some “old school” approaches remain viable. And of course, your B2B digital... by Stapley Accounting | Nov 21, 2024 | Uncategorized
When you think about tax deductions for vehicle-related expenses, business driving may come to mind. However, businesses aren’t the only taxpayers that can deduct driving expenses on their returns. Individuals may also be able to deduct them in certain circumstances.... by Stapley Accounting | Nov 20, 2024 | Employer
The first thing every employer should know about organizational culture is it’s inevitable. If you create a working environment, a culture will develop within that environment whether you like it or not. That’s why employers must address culture openly and... by Stapley Accounting | Nov 19, 2024 | Business
It’s every business owner’s nightmare. You wake up in the morning, or perhaps in the middle of the night, and see that dreaded message: “We’re down.” It could be your website, e-commerce platform or some other mission-critical information technology (IT) system. All... by Stapley Accounting | Nov 14, 2024 | Accounting, Employer, Taxes
Make Your Gifts Count As the end of the year approaches, many people start to think about their finances and tax strategies. One effective way to reduce potential estate taxes and show generosity to loved ones is by giving cash gifts before December 31. Under tax law,... by Stapley Accounting | Nov 13, 2024 | Employer
Earlier this year, the U.S. Department of Labor (DOL) announced a new final rule on the minimum annual salary threshold that partly determines whether employees are exempt from overtime pay. Under the final rule, the threshold increased on July 1 from a $35,568 annual...
