Many of the relief measures passed by the federal government during the opening chapters of the COVID-19 pandemic are still relevant to employers. For example, under the CARES Act, you could defer payment of your share of Social Security taxes from March 27, 2020,...
Opening a New Location Calls for Careful Planning The U.S. economy has been nothing short of a roller-coaster ride for the past year and a half. Some industries have had to overcome seemingly insurmountable challenges, while others have seen remarkable growth...
In a recent press release, the Social Security Administration (SSA) advised employers to use its Business Services Online (BSO) Portal to correct employee name and Social Security number (SSN) errors. Doing so will ensure accurate wage reporting for employees. In...
Is Your Business Under Utilizing Its Accounting Software? Someone might have once told you that human beings use only 10% of our brains. The implication is that we have vast, untapped stores of cerebral power waiting to be discovered. In truth, this is a myth widely...
If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and fellowships) are generally tax free for students at elementary, middle and high schools, as well as those attending college,...