by Sarah Stapley | May 4, 2022 | Accounting, Business, Employer, Taxes
Comments Requested by May 31 Form I-9, “Employment Eligibility Verification,” is used to verify the identity and employment authorization of individuals hired for employment in the United States. As you’re no doubt aware, all U.S. employers must properly complete a...
by Sarah Stapley | Apr 14, 2022 | Accounting, Taxes
Why Would Married Couples File Separate Tax Returns? If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation. In general, it depends on which filing status results in the lowest tax....
by Sarah Stapley | Apr 6, 2022 | Accounting, Business, Employer, Retirement, Savings
In a historically tenuous time to retain employees, small employers are particularly at risk. Whereas a large employer might be able to shift duties or promote from within to cover the departure of one or more staff members, small employers are often left high and dry...
by Sarah Stapley | Feb 25, 2022 | Accounting, Taxes
You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not easy. Medical expenses can be claimed as a deduction only to the extent your unreimbursed costs exceed 7.5% of your adjusted gross...
by Sarah Stapley | Feb 23, 2022 | Accounting, Business, Taxes
Don’t Miss These Deadlines! Ever since the Affordable Care Act was signed into law, business owners have had to keep a close eye on how many employees they’ve had on the payroll. This is because a company with 50 or more full-time employees or full-time...
by Sarah Stapley | Jan 27, 2022 | Accounting, Savings
While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures are adjusted annually for inflation. What’s New in 2022? If you’re like most people,...
