Tips for Employers Who Outsource Payroll Duties
Businesses are responsible for all payroll taxes due regardless of whether you outsource or handle your own payroll. Learn more in this Business Tip.
All in the Family: Transferring a Business to Your Children
Transferring your business interest to your children may incur gift and estate taxes. Careful planning can help. Learn more in this Business Tip.
A Focus on Financial Risk for Business Owners
As a business owner, understanding some of the many types of financial risk may help you make more informed decisions. Learn more in this Business Tip.
Corporate-Owned Life Insurance (COLI)
A COLI is commonly used as an informal funding vehicle for nonqualified deferred compensation (NQDC) plans. Read all about it in this week’s Business Tip.
Patient Protection and Affordable Care Act – Large Employer Mandatory Health Coverage
Beginning in 2015, large employers will be required to offer health coverage for all full-time employees. Learn more in this Business Tip.
Hobbies, For-Profit Activities and Deductions
The IRS will look at several aspects and issues before determining if your hobby is a for-profit business. Read all about it in this Business Tip.
Quickbooks Tip: Receiving Inventory With or Without Bills
Quickbooks’ tools can help you document received inventory and can help prevent you from recording the same items twice. Learn how in this Business Tip.
Home Office Deduction Rules Get a Remodel
Who is eligible for a home office deduction is still complicated, but how the deduction is calculated has become easier. Read more in this Business Tip.
Tax Tips for the Well-Traveled Businessperson
Many business travel related expenses are deductible, but there are rules that you must follow. Read all about it in this Business Tip.
Quickbooks Tip: How to Create a Progress Invoice from an Estimate
QuickBooks’ progress invoicing feature will let you bill customers for one segment of a large project as they come. Learn how in this Quickbooks Tip.