IRS Warns of Fraudsters Targeting HR Personnel
In December of last year, the Internal Revenue Service warned tax professionals of an increase in phishing emails that...
small business operations (9)
Can I Bank Overtime Pay or “Time In Lieu” for My Employees?
If your business pays employees by the hour, you probably have to budget for overtime wages. Non-exempt employees who work over the...
DOL Rescinds 80/20 Rule
The U.s. department of labor recently issued an update bulletin rescinding prior guidance known as the "80/20 rule". Since 2009, this...
Payroll Fraud: The Different Types, Detecting It and Preventing It
At first glance, payroll fraud might seem difficult to achieve–after all, shouldn’t theft be easy to spot? Well-hidden fraud is not obvious to...
Avoid Penalties – Ensure Accuracy of Wage Reporting
The Social Security Administration has started mailing informational notifications to employers that submitted W-2s for 2017 that contained...
IL & WI Will Require Sales Tax Collection by Internet Sellers
Illinois and Wisconsin, along with 28 other states are acting to pass laws or regulations to require sales tax collection by remote sellers now or in...
Meals and Entertainment Changes Under Tax Reform
The Tax Cuts and Job Act (TCJA) enacted extensive changes to the deductibility of meals and entertainment expenses for companies. If you are in...
A Healthy Start to the New Year!
Happy New Year! All of the guests have returned home, the holiday decorations are taken down and packed away, the hustle and bustle of the holiday...
Did You Receive a Notification from HHS?
On June 21, 2016, the Department of Health and Human Services (HHS) issued 500,000 notices to employers across the country, informing them of...
Using a Vehicle for Business: Q&A
Next to your home, your car is probably the most expensive investment you make. The costs of paying for and maintaining it can be considerable. Can...
Papers, Papers & More Papers, Oh My!
Suggested Record Retention Guide for Businesses Isn’t it such a great feeling heading into the new year being prepared? All the clutter is cleaned...
Should You Claim the Home Office Deduction?
Should You Claim the Home Office Deduction? It can reduce your income tax obligation, but be sure you understand the IRS’s rules. One of the many...