by Stapley Accounting | Sep 28, 2022 | Accounting, Employer
Does your organization offer a 401(k) plan to its employees? This is a common fringe benefit for the rank and file. However, some employers might want to take their benefits packages to the next level by offering special options to key employees. In such cases, a... by Stapley Accounting | Sep 27, 2022 | Accounting, Business
Under IRS regulations regarding electronic consents and elections, if a signature must be witnessed by a retirement plan representative or notary public, it must be witnessed “in the physical presence” of the representative or notary — unless guidance has provided an... by Stapley Accounting | Sep 22, 2022 | Accounting, Taxes
Who Owes Estimated Tax Payments and When is the Next One Due? If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is the case if you receive interest, dividends, self-employment... by Stapley Accounting | Sep 21, 2022 | Accounting, Employer
Under some circumstances, an employer that sponsors a 401(k) might wish to amend its plan to exclude part-time employees and offer the benefit only to full-time staff members. Is such an approach allowed under the rules for qualified plans? Coverage and Service Rules... by Stapley Accounting | Sep 20, 2022 | Accounting, Business
Checking in on your accounts payable processes Accounts payable is a critical area of concern for every business. However, as a back-office function, it doesn’t always get the attention it deserves. Once in place, accounts payable processes tend to get taken for... by Stapley Accounting | Sep 16, 2022 | Uncategorized
A compensation plan that rewards top talent by Stapley Accounting | Sep 15, 2022 | Accounting
How disability income benefits are taxed If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key issue is: Who paid for the benefit? If the income is paid directly to you by your employer, it’s taxable to... by Stapley Accounting | Sep 13, 2022 | Accounting, Business
Why You Should Digitize Accounts Receivable With electronic payments and in-app purchases becoming so much the norm, many midsize to large companies have grown accustomed to software-driven accounts receivable. But there are some smaller businesses that continue to... by Stapley Accounting | Sep 8, 2022 | Accounting
When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so that this doesn’t happen again next year. You might even want to adjust your withholding if you got a big refund. Receiving a tax... by Stapley Accounting | Sep 7, 2022 | Accounting, Employer
A quick refresher on employment taxes What are the requirements for employers regarding federal employment taxes? This might seem like a silly question to ask of employers, many of which have been grappling with this obligation for years or even decades. But, just as...
