When You Should Take a Personal Paycheck Protection Loan
Small businesses everywhere are feeling the pressures the anxieties that come along with the COVID-19 pandemic. Struggles to meet payroll and satisfy suppliers can weigh heavily on your mind, but...
What You Should Know About Overtime Eligibility
For many industries, 'tis the season to discuss overtime in the run up to Christmas. It is important for any company with employees to understand its responsibilities for paying overtime. This...
What Effect Did the Tax Cuts and Jobs Act Have on Business Taxes?
Congress passed the contentious Tax Cuts and Jobs Act in December 2017. The most recent taxes this spring are the first since the law went into effect, and represent the biggest tax reform...
Tax Records You Should Hold Onto for Your Small Business
Once that tax return is submitted to the IRS, it’s tempting to forget about all your paperwork and move on to the next year. Why would you need that hotel receipt from two years ago if you haven’t...
What to Know About Deductions for Marketing Expenses
In some circumstances, you may be able to deduct some of your company’s marketing expenses on your taxes, depending on how you classify certain business expenses or what you qualify as marketing....
Tax Deductions Your Business Can Benefit From
With the Tax Cuts and Jobs Act going into effect in 2018, there will be big changes in taxes this year. Small businesses will have opportunities to write off some of their expenses from last...
How the New Tax Laws Affect Your Company in 2019
Congress passed the Tax Cuts and Jobs Act (TCJA) in December 2017 and it took effect January 1, 2018, making this the first tax season after one of the biggest tax reform bills in decades. The TCJA...