With the pandemic behind us and a red-hot summer in full swing, many of your company’s employees may be finally rediscovering the uninhibited joys of vacation. Your workers might be having so much fun, in fact, that they might highly value being able to buy even more...
The IRS recently released its audit statistics for the 2022 fiscal year and fewer taxpayers had their returns examined as compared with prior years. But even though a small percentage of returns are being chosen for audits these days, that will be little consolation...
It’s perhaps strange to think that if one used the word “hybrid” in 2019, it usually referred to a gas/electric vehicle or a breed of exotic pet. Now, in the post-pandemic world, the word usually brings to mind “hybrid work” — the once-outrageous notion of employees...
Don’t Let The Economy Get You Down The economy has taken several hits and might take another here soon. If you run a business in Cache Valley, it may be affected. You’ve probably noticed the inflation, more recent tax hikes, and that spending and lending costs more....
If you own a successful small business with no employees, you might be ready to set up a retirement plan. Now a 401(k) might seem way out of your reach — only bigger companies can manage one of those, right? Not necessarily. Self-Directed 401K | Small Business-Backed...
More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking about taxes. But there may be tax consequences. Let’s take a look at five possible tax breaks for people forced to send a...
Over the past couple of years, the “Great Resignation” raised much concern among employers. Many experts now believe it’s safe to say that this trend of employees voluntarily leaving their jobs has largely drawn to a close. But that doesn’t necessarily mean the power...
Whether you know it or not, if your business has ever applied for a commercial loan, you’ve likely been subject to “adverse media screening.” Under this commonly used practice, a prospective borrower is “screened against” various media sources to determine whether the...
If you’re age 50 or older, you can probably make extra “catch-up” contributions to your tax-favored retirement account(s). It is worth the trouble? Yes! Here are the rules of the road. The deal with IRAs Eligible taxpayers can make extra catch-up contributions of up...
When looking at broad groups of employment candidates, many organizations tend to focus on young people just entering the workforce and established workers who are looking to change jobs. But don’t forget that there are other groups as well. One of them comprises...