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... by Stapley Accounting | Nov 12, 2024 | Business
Most businesses today understand all too well that they must craft a robust and varied benefits package to draw good job candidates and retain valued employees. But beyond basics such as health insurance and a retirement plan, there are so many options. Well, you can... by Stapley Accounting | Nov 7, 2024 | Uncategorized
Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom artwork or sell handmade items online. Will the IRS agree that your venture is a business, not a hobby? It’s an essential...
