Small Retirement Plan Sponsors Tax Credits
All business owners face the challenges of not only attracting talent but also retaining employees once they are hired. One major way to increase your employee retention rate is to …
New Independent Contractor Rules: Do They Affect Your Employees?
The Department of Labor’s final rule for employee or independent contractor classification under the Fair Labor Standards Act rescinds the 2021 Independent Contractor Rule, replacing it with guidance on analysis …
New Colorado Laws Impacting Business Owners and Individuals
Effective January 1, 2024, several Colorado laws were ushered in, including minimum wage increases and changes to paid leave. Minimum Wage Colorado’s minimum wage was boosted to $14.42 per hour, an …
IRS Changes Mileage Rates 2024
According to an IRS statement, starting in 2024, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be: These rates apply to …
State and Local Tax Issues Businesses Should Consider
State and local tax issues are a big part of a company’s tax liability. In fact, they are so impactful that a lot of companies actively decide to relocate to …
Corporate Transparency Act: Does It Affect You?
Starting on Jan. 1, 2024, some companies will have to report certain information about their ownership. Which companies and which information? That’s where it can get confusing. You have to …