by Stapley Accounting | Dec 13, 2022 | Business
What’s The Best Retirement Plan For Your Business? Most growing small businesses reach a point where the owner looks around at the leadership team and says, “It’s time. We need to offer employees a retirement plan.” Often, this happens when the company is... by Stapley Accounting | Dec 1, 2022 | Taxes
The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than you were last year. Are you wondering how high inflation will affect your federal income tax bill for 2023? The IRS recently announced next year’s... by Stapley Accounting | Nov 30, 2022 | Uncategorized
It’s a subject that most people don’t like to think about, but every employer must address. Workplace violence is an enormous threat to the physical, mental and psychological well-being of your employees. And just one incident can drastically lower the morale and... by Stapley Accounting | Nov 29, 2022 | Business
Do You Know Your Sales Prospects? When it comes to sales, most businesses labor under two major mandates: 1) Keep selling to existing customers, and 2) Find new ones. To accomplish the former, your sales staff probably gets some help from the marketing and customer... by Stapley Accounting | Nov 23, 2022 | Employer
For wage reporting purposes, employers periodically need to verify the identities of their employees. To do so, someone in your organization must lay hands and eyes on a worker’s Social Security card, right? Not necessarily. In the Fall 2022 SSA/IRS Reporter, a... by Stapley Accounting | Nov 22, 2022 | Business
A Sensible Budget Is The Key To Success An impressive 432,834 new business applications for tax identification numbers were submitted during October 2022, according to the U.S. Census Bureau. Indeed, despite the relatively higher costs of doing business these days,... by Stapley Accounting | Nov 17, 2022 | Uncategorized
Did you know there are tax benefits available to offset the expenses of adopting a child? In 2022, adoptive parents may be able to claim a credit against their federal tax for up to $14,890 of “qualified adoption expenses” for each child. This will increase to $15,950... by Stapley Accounting | Nov 16, 2022 | Employer
Stapley Accounting, LLC wants you to know that when one business is sold to another, the buyer often asks for a determination letter to help assure that the seller’s 401(k) plan is qualified. The seller then requests such a letter from the IRS, but availability is... by Stapley Accounting | Nov 15, 2022 | Business
The current calendar year is winding down and a fresh 12 months lies ahead. That makes now a good time to think about how you should present yourself to your Cache Valley customers and prospects next year. The U.S. economy has undergone notable change in 2022.... by Stapley Accounting | Nov 10, 2022 | Taxes
When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined income. Therefore, the IRS can come after either spouse to collect the entire tax — not just the part that’s attributed to...
