Every winter brings a rite of passage for accountants: tax season. This year, according to the IRS, January 27th marks the official beginning of tax filing season. While tax season is all about getting tax returns done, it has a great byproduct: It gives every accountant the opportunity to interact with her clients and show...Read More
One of many perks employers offer employees, is the right to take earned paid time off (i.e. vacation, sick, personal days) in cash, instead of taking the actual days off. Like many good things, no good deed goes unpunished: this gracious perk can result in unintended tax consequences for both the employee and the employer....Read More
Companies with 401(k) plans are subject to stringent new fiduciary standards. Read here for the 5 questions you need to ask to ensure compliance.Read More
Failing to properly classify your workers as employees vs independent contractors, poses huge financial risks for you and your company. Read about it hereRead More