Industry News 

Most Recent Industry News

The New SIMPLE Contribution Rules are Not So Simple

Employers: when it comes to a Savings Incentive Match Plan for Employees (SIMPLE), there is a complex set of new rules and tax laws to be aware of. Follow this article for the latest rules for...

Five Tips to Help Navigate Tariffs

The landscape is uncertain as tariff policies are rapidly changing but if your business is tariff-affected consider these five strategies to help minimize the impact. Explore the available options...

Seven Best Practices for QuickBooks Users

A business’s best practices vary depending on the type of industry but the shared goal to achieve the best possible outcome remains the same. In this post, you will find seven helpful guidelines...

3.8% Medicare Tax on Investment Income

Check out this article to understand the types of income and gain included in net investment income, find out if this affects you, and how proactive planning strategies can help reduce the 3.8%...

Tax Planning Strategy to Consider: Qualified Charitable Distributions

Did you know that you can transfer funds directly from an IRA to a charitable organization through qualified charitable distributions (QCDs)? Follow this article to find out if the QCD strategy is...

Use QuickBooks to Reconcile Accounts

In this post, you will find five tips to help maintain accurate account balances and ensure the reconciliation process runs smoothly with QuickBooks reconciliation tools.

Financial Struggles Among Retirees

A recent survey from the Transamerica Center for Retirement Studies revealed key financial concerns for many retirees in a fragile and constantly evolving landscape. Follow here for more findings...

Payroll Management for Business Owners

Avoid these common payroll mistakes that can be costly to your business such as relying on manual recordkeeping, issuing inaccurate W-2s, and misclassifying workers. Follow this post for more examples

Protect Yourself and Your Business from an IRS Audit

Both businesses and individuals should keep an eye on these eight common red flags that could trigger an IRS audit such as questionable business deductions, cryptocurrency transactions, and more...

FinCEN-Related Fraud is on the Rise

Protect your business and assets from the latest FinCEN scams and how to spot them so you do not become the victim. This post covers several types of schemes such as MSB Fraud, Impersonation Scams...

12 Strategies to Strengthen Cash Flow

If your business or company is struggling to successfully manage cash flow, you will want to follow this article for twelve key steps to maintain a healthy cash flow even during challenging times.

Do You Owe Self-Employment Tax?

If you are a self-employed individual, you will most likely owe self-employment tax on your tax return. Be sure to read this post on self-employment tax and review the outcome of a recent court case

Stock Redemptions for C Corporations and S Corporations

Shareholders of closely held corporations looking to convert ownership interest into cash should look into the strategy of stock redemptions. Find out how a stock redemption strategy works

QuickBooks Online: Use the Automated Invoice Reminder Emails Feature

If your business is looking to improve cash flow and avoid having to contact customers to collect unpaid invoices, try using QuickBooks Online' s automated invoice reminder emails feature

Use Catch-Up Contributions to Secure Your Retirement Goals

If you are thinking about retirement and not sure if you put enough savings away for your retirement nest egg, do not stress there are strategies available to help achieve your dream

Small Businesses are Hiring Family Members for Tax Advantages

Small business owners that hire family members and relatives allow them the opportunity to make money and learn the family business but there are also many tax benefits available.

Load More