Minimum Wage Changes Impact You in 2023
For employers with employees in multiple states, keeping up with numerous minimum wage rate changes can be a daunting task. While some states are on a schedule for annual increases …
Strategies for Minimizing the Impact of the SALT Cap
In response to complaints about the Tax Cuts and Jobs Act of 2017 SALT cap, many states have authorized workarounds that allow a pass-through entity to pay state income taxes …
Watch Out for Fake ERC Plans
You may be aware of widely circulated promotions — ads on radio and the internet — touting refunds involving Employee Retention Credits. The IRS says these are a blatant attempt …
How to Navigate an Individual Tax Audit
While it is accurate to say that the IRS has audited significantly fewer people, less than 1% of individual tax returns are audited and the majority of audits nowadays are …
Gig Economy Taxes You Need to Know
The gig economy has a lot to recommend it, but in a recent notice, the IRS is reminding gig workers that taxes are still a requirement, even if they can …
75+ Tax Write-Offs for Business Owners
Our most frequently asked question during tax season is, “Can I write that off?” When it comes to tax deductions for business owners, the best way to ensure that an …