As a business with employees, you may have questions about the new employee retention tax credit. Here are some answers.
The new COVID-19 law provides businesses with more relief
Another coronavirus (COVID-19) law has been enacted and it provides some relief to businesses and employers that are suffering. This article provides some highlights.
Coronavirus (COVID-19): Tax relief for small businesses
In response to the coronavirus (COVID-19), Congress and the IRS have recently provided tax relief to businesses. Here’s a brief rundown.
Determine a reasonable salary for a corporate business owner
When it comes to executive compensation, C corporation owners need to keep it “reasonable.” Here’s why
How business owners may be able to reduce tax by using an S corporation
If you conduct your business as an S corporation, you’ll be subject to income tax, but not self-employment tax, on your share of the S corporation’s income. Could this be the entity for you?
Do your employees receive tips? You may be eligible for a tax credit
Employers in the food and beverage industry may be eligible for a valuable tax break with the FICA tip credit. Here’s how it works.
New rules will soon require employers to annually disclose retirement income to employees
Are you an employer who sponsors a tax-favored defined contribution plan? The recently enacted SECURE Act includes a new requirement for you. Here are the details
Wayfair revisited — It’s time to review your sales tax obligations
Does your business make online, phone or mail-order sales in states where it lacks a physical presence? If so, it’s critical to find out if those states have economic nexus laws and determine whether your activities are enough to trigger them.
Key deadlines for businesses and other employers
Your business faces a variety of tax-related deadlines in the first quarter of 2020.