If you’re one of those who gets worked up over filing your tax return, there are specific steps you can take to help ease the struggle and avoid the most common tax issues that are reported each year. Here are the top 12 tax issues, broken down into categories for business owners and individual taxpayers,…
If you’re a small business owner, you want your organization to do far more than survive: you want it to thrive! Unfortunately, to make sure that customers are happy and the lights stay on there are a lot of details that need attention, and some end up being overlooked. The intricacies of accounting are neither…
The Tax Reform Act of 2017 gave us the new Section 199A pass-through deduction – a valuable tax deduction available to many businesses. It also gave us some eligibility requirements that have to be met to take the deduction. This whitepaper discusses these eligibility requirements, which were recently clarified in a set of proposed regulations…
Every year we experience new challenges in the world of computer hacking —as well as new solutions. Cyber hackers have become aggressive, so business owners must be more vigilant. Because clients are the source of your revenue, it is critically important to ensure their data never gets into the wrong hands. According to a recent…
America is one of the heaviest societies in the entire world. Two-thirds of Americans are classified as obese or overweight using Body Mass Index as a measurement. These aren’t just ugly statistics; medical conditions linked to obesity caused more than 100,000 deaths in 2017. On top of all of this, obesity-related medical issues are a very…
The longer people live, the greater the likelihood they will require assistance in old age. And today, people are living longer than ever. As if providing for one’s own retirement isn’t hard enough, now we must factor in the cost of providing long-term care. Health insurance — including Medicare — is designed to cover only…
In the second installment of our series on KPIs, we’ll explore the best way to define Key Performance Indicators, as well as show you how to communicate them across your organization. Defining KPIs Here are a few guidelines you can use to focus your efforts in defining your KPIs. KPIs vary: Every company and industry…
In 2017, nearly one-third of internet users reported being victim to online hacking or similar suspicious activity on their accounts. But, as anyone who regularly uses a computer—especially for financial transactions—knows, keeping track of passwords can be a time-consuming task. Even so, it is necessary to ensure your personal and financial information is kept private…
Key Performance Indicators, also known as KPIs, are core measurements that businesses use to monitor progress toward achieving goals and targets. KPIs, which vary widely by industry and entity structure, can be used to monitor and track all aspects of a business. Management teams pay close attention to KPIs, looking for anything out of line…
The new Tax Cuts and Jobs Act, which went into effect on Jan. 1, has sent an unambiguous message that the current GOP-dominated Congress and Presidential Administration are decidedly pro-business. Fortunately, they included provisions in the new legislation that enhance tax advantages for many self-employed sole proprietors. The following offers an overview of both new…
