by Stapley Accounting | Jul 20, 2023 | Estate Planning, Taxes
You may think you don’t need to make any estate planning moves because of the generous federal estate tax exemption of $12.92 million for 2023 (effectively $25.84 million if you’re married). However, if you have significant assets, you should consider establishing a... by Stapley Accounting | Jul 19, 2023 | Employer
Many people are familiar with Roth IRAs. These popular retirement accounts feature tax-free withdrawals as long as certain conditions are met. But did you know that employers can offer designated Roth contributions as part of the 401(k) plans they sponsor for... by Stapley Accounting | Jul 18, 2023 | Business
Family Matters Summertime can mean hiring time for many types of businesses. With legions of working-age kids and college students out of school, and some spouses of business owners looking for part-time or seasonal work, companies may have a much deeper hiring pool... by Stapley Accounting | Jul 13, 2023 | Taxes
If you’re age 65 and older and have basic Medicare insurance, you may need to pay additional premiums to get the level of coverage you want. The premiums can be costly, especially for married couples with both spouses paying them. But there may be an advantage: You... by Stapley Accounting | Jul 12, 2023 | Employer
For many people, summertime is moving time. With kids out of school and the weather relatively amenable in most regions, it’s the ideal time for those changing jobs or work locations to load up their stuff and head off to a new chapter of life. If your organization,... by Stapley Accounting | Jul 11, 2023 | Business
Everyone is on social media these days, including businesses and their customers. This creates a natural — or shall we say virtual — nexus for companies to field questions, comments and complaints from buyers or those interested in their products or services. In other... by Stapley Accounting | Jul 5, 2023 | Uncategorized
For employers of all sizes, choosing an affordable yet fully featured health plan to sponsor for employees isn’t easy. And yet, for most organizations, it’s an imperative. Under the Affordable Care Act, employers with 50 or more full-time or full-time-equivalent... by Stapley Accounting | Jun 29, 2023 | Uncategorized
If you itemize deductions on your tax return, you may wonder: What medical expenses can I include? The IRS recently issued some frequently asked questions addressing when certain costs are qualified medical expenses for federal income tax purposes. Basic rules and IRS... by Stapley Accounting | Jun 28, 2023 | Employer
The IRS recently finalized regulations that substantially expand mandatory electronic filing (e-filing) of certain information returns. The regulations were proposed in 2021 to implement statutory changes made under the Taxpayer First Act of 2019. Generally, they... by Stapley Accounting | Jun 27, 2023 | Business
With concerns about inflation in the news for months now, most business owners are keeping a close eye on costs. Although it can be difficult to control costs related to mission-critical functions such as overhead and materials, you might find some budge room in...
