This article was published by the IRS. The IRS reminds employers they generally won't jeopardize the tax status of their pension plans if they rehire retirees or permit distributions of retirement benefits to current employees who have reached age 59 ½ or the plan's normal retirement age. With the COVID-19 pandemic, many employers, including governmental employers, [...]
If you have a business partner, this video is for you! A partnership is an arrangement between two or more persons to carry on a trade or business. Each person contributes money, property, labor, or skills, and expects to share in the profits and losses of the business. The partnership passes through any profits or losses [...]
This article was published by the IRS. The tax law allows businesses to deduct expenses that help them bring in new customers and keep existing ones. These costs may include expenses for advertising and marketing. Here are some details about this valuable tax deduction that can help small businesses save money on their taxes. Advertising and [...]
You can easily keep track of who your business owes money to by adding your vendors to QuickBooks Online. You can add them one at a time or in bulk from a spreadsheet. Follow this video tutorial to learn the steps to take.
This article was published by the IRS. September is National Preparedness Month. With the height of hurricane season fast approaching and the ongoing threat of wildfires in many places, the Internal Revenue Service urges everyone to develop an emergency preparedness plan, or if they already have one, update it for 2022. Everyone, from individuals to organizations [...]
