One of the most common mistakes businesses make is not having the right status for a worker. The options are employees or self-employed.An independent contractor (IC) carries out an...
The OPR supports the IRS's strategy to improve tax law enforcement, ensuring that tax professionals meet tax practice standards and comply with the law. The OPR is the regulatory...
One of the complicated parts of managing your business is knowing and satisfying your tax responsibilities. Unlike personal income tax returns, which are usually completed with certain...
Posted by David Macgregor on 06/15/2020
An unemployment insurance program provides unemployment benefits to eligible workers who become unemployed through no fault of theirs and meet other eligibility conditions.Unemployment...
Posted by Don Bell Law on 05/17/2020
One of your core duties as an employer is to inform your employees of the specific tax situations that may affect them. One of these situations is a notification regarding the labor...
Posted by Advanced Accounting & Tax Planning on 02/15/2020
Each year, there is a change in corporate governance standards to evolve, with the rapidly changing corporate landscape and keeping pace with changing investor priorities.Board members...
There are tens of millions of small businesses scattered across the United States. Sole proprietorship or one-man business is even on the rise with the figure at 40.5 million, according...
The year is progressing gradually, which means a lot of management teams will be exploring the trends that will impact their business. Also, it is essential to be aware of how their...
One of the many questions I get as a tax and financial advisor is what business structure to choose when you are starting a business. Liability notwithstanding, a big determining factor...
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020