by Stapley Accounting | Aug 29, 2024 | Uncategorized
Many Americans receive disability income. Are you one of them, or will you soon be? If so, you may ask: Is the income taxed and if it is, how? It depends on the type of disability benefit and your overall income. The key issue is: Who paid for the benefit? If the... by Stapley Accounting | Aug 28, 2024 | Employer
Is your organization considering “taking the plunge” and sponsoring a 401(k) plan? If so, you’ll want to review the concept and rules regarding auto-enrollment — that is, automatically enrolling employees in the plan and letting them decide whether to opt out. This... by Stapley Accounting | Aug 27, 2024 | Business
For a couple decades or so now, companies have been urged to “get on the cloud” to avail themselves of copious data storage and a wide array of software. But some businesses are learning the hard way that the seemingly sweet deals offered by cloud services providers... by Stapley Accounting | Aug 22, 2024 | Uncategorized
Navigating the complexities of tax law can be difficult, especially when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse. The reason for such a bill has to do with the concept of “joint and several” liability. When a married couple files a... by Stapley Accounting | Aug 21, 2024 | Employer
In the best of all possible worlds, every employee is engaged, productive and compliant with organizational policies. Back here on Planet Earth, most employers must occasionally take disciplinary action against employees. When this situation arises at your... by Stapley Accounting | Aug 20, 2024 | Business
When companies reach the point where they’re ready to sponsor a qualified retirement plan, the first one that may come to mind is the 401(k). But there are other, lesser-used options that could suit the distinctive needs of some business owners. Case in point: the... by Stapley Accounting | Aug 15, 2024 | Uncategorized
Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections. Our current situation The Tax Cuts and Jobs Act (TCJA), which generally took effect in 2018, made sweeping changes. Many of its provisions are set... by Stapley Accounting | Aug 14, 2024 | Uncategorized
For employers looking to safeguard their organizations from fraud, payroll is among the most obvious targets they must protect. That’s where the money is, after all. Payroll can stand out as a bright red bullseye for criminals if not carefully guarded. Payroll... by Stapley Accounting | Aug 13, 2024 | Business
Controlling costs is fundamental for every business. But where and how to address this challenge can change over time based on various economic and logistical factors. Cost Control 101: Optimize Your Project Expenses [2024] • Asana Earlier this year, global... by Stapley Accounting | Aug 8, 2024 | Uncategorized
If you’re a philanthropic individual who is also obligated to take required minimum distributions (RMDs) from a traditional IRA, you may want to consider a tax-saving strategy. It involves making a qualified charitable distribution (QCD). How it works To reap the...
