Federal Disaster Tax Relief of 2023: What you need to know.
The Federal Disaster Tax Relief of 2023 (H.R. 5863) can help you deduct disaster losses over $500, even without itemizing deductions. Here’s what you need to know.
Beneficial Ownership Information Reports Due March 21
New deadline announced for BOI reporting. Here’s what you need to know.
Tax Limit Increases for Businesses in 2025
For 2025, inflation-adjusted changes were made to certain business tax provisions. Here’s how much your employees can contribute to their 401(k)s and FSAs this year.
New Expanded Paid Sick Leave for Michigan Employers
The Michigan Supreme Court has reinstated the Earned Sick Time Act (ESTA) to provide more sick time to employees. Here’s what you need to know.
Work-issued Credit Cards: How to Prevent Staffer Abuse
No employer expects its staffers to misuse work-issued credit cards, but it happens sometimes. To help prevent unauthorized charges and provide a response plan, craft a credit card use policy.
Reasons an LLC Might be the Ideal Choice for Your Business
A limited liability company can provide personal liability protection from creditors while delivering tax benefits. Is it right for you?
Cross-Training Initiatives Can Get Your Whole Organization in Shape
Cross-training staffers to do one another’s jobs isn’t a new idea. But it can be a simple and effective way to boost your nonprofit’s resilience to unplanned and potentially harmful events.
2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers
Spring is here, along with a bunch of tax-related deadlines. Here are some upcoming dates that businesses and employers should keep in mind.
QuickBooks Desktop will be Unavailable to New Subscribers this July
QuickBooks Desktop is planning to stop selling several products to new US subscribers after July 31, 2024. Here’s what you need to know.
Bartering is a Taxable Transaction Even if No Cash is Exchanged
If your small business would like to exchange goods & services without exchanging money, you may be able to barter. But be aware, there may be consequences.
