by Stapley Accounting | May 1, 2024 | Employer
As you’re no doubt aware, employers are responsible for withholding and paying payroll taxes. If you don’t use a third-party provider, it’s critical to stay focused on payroll tax compliance. Given the potential penalties involved, you can’t get complacent about... by Stapley Accounting | Apr 30, 2024 | Uncategorized
Few and far between are businesses that can either launch or grow without an infusion of outside capital. In some cases, that capital comes in the form of a commercial loan from a bank or some other type of lender. If you and your company’s leadership team believe a... by Stapley Accounting | Apr 25, 2024 | Uncategorized
Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, it may turn out to be too good to be true. While most inherited property is tax-free to the recipient, this isn’t always the case with property... by Stapley Accounting | Apr 24, 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 | Apr 23, 2024 | Business
Does your company operate in the business-to-business (B2B) marketplace? If so, you’re no doubt aware of the double-edged sword that is customer credit. On the one hand, it’s common practice. Most customers likely expect to be offered a credit option when engaging in... by Stapley Accounting | Apr 18, 2024 | Uncategorized
The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, you can file for an extension until October 15. In either case, once your 2023 tax return has been successfully filed with the IRS, there may still be some issues to bear in... by Stapley Accounting | Apr 17, 2024 | Uncategorized
Every employer needs a thorough and legally sound hiring process. Although there’s no federal law mandating background checks for private sector jobs, they’re generally considered a recommended step for some positions and a clear-cut necessity for others. But... by Stapley Accounting | Apr 16, 2024 | Business
Many small business owners run their companies as leanly as possible. This often means not offering what are considered standard fringe benefits for midsize or larger companies, such as a retirement plan. If this is the case for your small business, don’t give up on... by Stapley Accounting | Apr 11, 2024 | Uncategorized
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) rules after reaching a certain age. If you inherit a tax-favored retirement account, including a traditional... by Stapley Accounting | Apr 10, 2024 | Employer
Mentorship programs are nothing new, but their popularity tends to wax and wane depending on factors such as industry needs and workforce demographics. One recent survey indicates that these programs may be coming back in style again for some employers — and the...
