by Stapley Accounting | May 28, 2024 | Uncategorized
by Stapley Accounting | May 28, 2024 | Business
Businesses have long been advised to engage in active dialogues with their customers and prospects. The problem was, historically, these interactions tended to take a long time. Maybe you sent out a customer survey and waited weeks or months to gather the data. Or... by Stapley Accounting | May 23, 2024 | Uncategorized
Some people mistakenly believe that Social Security benefits are always free from federal income tax. Unfortunately, that’s often not the case. In fact, depending on how much overall income you have, up to 85% of your benefits could be hit with federal income tax.... by Stapley Accounting | May 22, 2024 | Employer
For a long time now, cafeteria plans — also known as flexible benefits plans or Section 125 plans — have allowed employers to offer employees a varied menu of customized, tax-friendly fringe benefits. One of the great things about these plans is that, once designed... by Stapley Accounting | May 21, 2024 | Business
When you encounter the word “pivot,” you may think of a politician changing course on a certain issue or perhaps a group of friends trying to move a couch down a steep flight of stairs. But businesses sometimes choose to pivot, too. Under a formal pivot strategy, a... by Stapley Accounting | May 16, 2024 | Uncategorized
Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three scenarios to illustrate the federal income tax issues you face when selling an appreciated vacation home. Scenario 1: You’ve never used... by Stapley Accounting | May 15, 2024 | Employer
Tax-advantaged accounts or reimbursement arrangements for health care have become popular employer-sponsored benefits. And for good reason — these accounts or arrangements ease the burden of high costs on organizations while giving employees a tax-friendly way to... by Stapley Accounting | May 14, 2024 | Business
If your company has been in business for a while, you may not pay much attention to your payroll system so long as it’s running smoothly. But don’t get too complacent. Major payroll errors can pop up unexpectedly — creating huge disruptions costing time and money to... by Stapley Accounting | May 9, 2024 | Uncategorized
Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home. In either case, you may wonder about the tax implications of renting it out for part of the year. How Does Your... by Stapley Accounting | May 8, 2024 | Uncategorized
In many workplaces, the human resources (HR) department is the de facto face of the employer. HR departments are, after all, generally responsible for communicating new employment policies and enforcing existing ones. Even if leadership is making the rules, HR is the...
