IRS Overlooked Billions in S Corp Execs Taxes
According to this Accounting Today article, “Business owners are still getting away with avoiding billions of dollars in taxes.” The Treasury Inspector General for Tax Administration found the IRS is …
Keeping Track of Inventory
Let’s start with the basics of the processes in a manufacturing setting. Whether your company is building something large, such as a car, or something small, such as a toy …
Essential Tips: Managing Your Construction Company’s Inventory
Construction and inventory don’t always go hand in hand, but it’s important to understand your company’s cost to acquire products as your largest expense. For construction company owners who don’t …
Choosing the Heirs for Your Wealth
You have countless ways to divide your estate. Fortunately, myriad tools, from properly drawn-up wills to a range of trusts, can help you provide for the generations to follow. Before …
Seasonal Employment: Laws and Best Practices
Seasonal employment is commonplace in service-oriented industries such as retail and hospitality, where business tends to spike during certain times of the year. Other employers can utilize seasonal employment as …
Tax and Education Credits 2021
Taxpayers who have to write big checks for higher education can see tax savings when filing tax returns next year. If you, your spouse, or your dependents are taking postsecondary …