Avoiding Unreasonable Compensation
What’s a fair wage for an employee-shareholder? The IRS determines if compensation is reasonable on a case-by-case basis. Learn more in this Tax Tip.
Business Owners: What It Really Costs to Accept Plastic
Business owners: Do you know what it costs to accept credit cards? Read all about it in this Business Tip.
Executive Bonus (Section 162) Plans
Employers can use bonus plans whenever they want to attract, motivate, and retain key employees. Read more in this Business Tip.
Insurance Tips for Business Travelers
Those who travel for work have unique insurance needs. If you’re frequently on the road, read this week’s Insurance Tip.
Should You Self-Insure Your Business?
Insurance is a cost of doing business, but a business can self-insure, which, depending on the risk, may lower costs. Learn more in this Business Tip.
Keep Track of Meal & Entertainment Expenses
Meals and entertainment expenses may be tax deductible. The IRS has strict rules on what qualifies. Read more in this Business Tip.
Keep Track of Meal & Entertainment Expenses
Meals and entertainment expenses may be tax deductible. The IRS has strict rules on what qualifies. Read more in this Business Tip.
Are You Required to File 1099s?
Businesses: Don’t forget to issue contractors Form 1099-MISC if you paid them more than $600 for services during the year. Learn more in this Business Tip.
Quickbooks Tip: Are You Defining Items Correctly?
Business owners: Want to know what’s selling and what is not? QuickBooks can tell you, if you’ve defined items correctly. Learn more in this Business Tip.
Businesses: Buy Equipment Before Year-End
If you think you’ll need new business equipment or furniture next year, you may want to make that purchase in 2012. Read all about it in our Marietta Daily Journal blog post.