There are many retirement plan options for small business owners and their employees. Here’s a quick rundown of three of them.
Did you know that business owners aren’t always eligible to participate in the Health Reimbursement Arrangements available to their own employees? Read up on the fine print here.
If the names and Social Security numbers on your employees’ W-2 forms don’t match the government’s records, you may receive a “no-match letter.” Here’s what these letters mean and how to proceed.
The costs involved with funding a retirement plan for employees can greatly burden a small business. The U.S. Dept. of Labor has issued a final rule that can ease the burden.
If your child or grandchild has unearned income from dividends, interest and capital gains, beware of the “kiddie tax.” Your family may be hit even harder by the tax under current law.
Before conducting an audit, IRS examiners do their homework by reviewing “Audit Technique Guides.” Business owners and executives can easily read the same guides.