by Lori Bowden | Oct 4, 2024 | Individuals, Newsletter, Taxes
When running a business as an S Corporation, compliance with tax regulations can be both intricate and essential, especially when it involves health insurance for shareholders. One of the most overlooked aspects is how to handle health insurance benefits for...
by Lori Bowden | Oct 3, 2024 | Business, Newsletter, Taxes
Some small businesses struggle with employee morale for a variety of reasons, one of which may be economic uncertainty. If you want to boost employees’ spirits without a big financial outlay, an achievement awards program is a relatively low-cost fringe benefit that...
by Lori Bowden | Oct 2, 2024 | Business, Fraud, Newsletter
While the use of paper checks has greatly diminished, thieves still view them as a source for stealing revenue. In fact, the Financial Crimes Enforcement Network warns that many thieves are returning to old-fashioned financial theft, using paper checks. That’s one...
by Lori Bowden | Oct 1, 2024 | Individuals, Newsletter, Taxes
As the year winds to a close, your chance to lower your 2024 tax bill also winds down. If you’re age 70½ or older, you may want to make a qualified charitable distribution (QCD) from your IRA before year end. Normally, distributions from a traditional IRA are taxable....
by Lori Bowden | Sep 5, 2024 | Business, Newsletter, Taxes
It’s a challenging time for many businesses. Therefore, any help you can get, such as tax incentives and sales tax exemptions, can make a big difference. Unfortunately, these benefits often go unclaimed because businesses don’t know about them or erroneously think...
by Lori Bowden | Sep 4, 2024 | Business, Individuals, Newsletter
If you’re a business owner, your company is likely your most valuable asset. To ensure it survives after you’re gone, you first need a succession plan that will provide a smooth transition of the business to one or more of your children (assuming you want to keep it...
