by Stapley Accounting | Oct 10, 2024 | Uncategorized
Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without current federal income tax implications: Roth IRAs offer tax-free income accumulation and withdrawals. Unlike... by Stapley Accounting | Oct 9, 2024 | Employer
For most employers today, the question isn’t whether to sponsor fringe benefits for employees but which ones. Beyond the basics, such as health insurance and retirement plans, there are many options to consider. One that’s been drawing interest from some organizations... by Stapley Accounting | Oct 8, 2024 | Business
To help ensure continued stability and profitability, businesses need to engage in some form of strategic planning. A recent survey by insurance giant Travelers drives home this point. Essential Leadership Skills for Effective Strategic Planning | SD Mayer In... by Stapley Accounting | Oct 3, 2024 | Uncategorized
Electric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in the U.S. was 7.6% in 2023, up from 5.9% in 2022. To incentivize the purchase of EVs, there’s a federal tax credit of up to $7,500... by Stapley Accounting | Oct 2, 2024 | Employer
Many employers have used noncompete agreements to prevent departing employees from taking valuable information and key customers with them to competitors after they walk out the door. Earlier this year, the U.S. Federal Trade Commission (FTC) appeared to have set the... by Stapley Accounting | Oct 1, 2024 | Business
Fraud is a pernicious problem for companies of all shapes and sizes. One broad type of crime that seems to be thriving as of late is invoice fraud. What is Invoice Fraud (And How to Avoid It) (bill.com) In the second quarter of 2024, accounts payable software... by Stapley Accounting | Sep 26, 2024 | Uncategorized
Federal estimated tax payments are designed to ensure that certain individuals pay their fair share of taxes throughout the year. If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is... by Stapley Accounting | Sep 25, 2024 | Business
Employers tend to spend a lot of time strategizing ways to improve their products or services, or perhaps innovate new ones. Meanwhile, strategies for the human resources (HR) department may get devised and rolled out in a more haphazard or reactionary fashion. Given... by Stapley Accounting | Sep 24, 2024 | Business
There’s no one-size-fits-all benefits package for today’s businesses. The optimal combination of tax-friendly fringe benefits depends on various factors, including the size and demographics of your workforce. One option to consider, if you haven’t already, is an... by Stapley Accounting | Sep 19, 2024 | Uncategorized
Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees, and as a result, it’s here to stay in many industries. But it may also lead to some tax surprises, especially if workers...