• Don't Ignore Household Employee Payroll Tax Rules

Don’t Ignore Household Employee Payroll Tax Rules

Article Highlights: Household Employees Tax Avoidance Filing 1099s Correct Procedures W-2s, Payroll Taxes and Reporting Overtime Hourly Pay or Salary Separate Payrolls If you hire a domestic worker to provide services in or around your home, you probably have a tax liability that you don’t know about – or one that you do know about but are ignoring. Either situation can come back to [...]

By |2022-06-02T22:27:01+00:00June 8, 2022|Taxes|Comments Off on Don’t Ignore Household Employee Payroll Tax Rules
  • What Every Employee Needs to Know About 401(k) Savings

What Every Employee Needs to Know About 401(k) Savings

Are you familiar with 401(k) retirement funds? More and more employers are offering 401(k) plans as an employee benefit, and if you have the option and are not currently taking advantage of it, it may be time to rethink your savings strategy. Not only do these popular plans offer the advantage of using pre-tax dollars (and thus lowering your taxable income each year), but [...]

By |2022-06-02T22:26:42+00:00June 7, 2022|Accounting|Comments Off on What Every Employee Needs to Know About 401(k) Savings
  • With a Possible Recession Looming, You May Want to Review Your Cash Flow Process

With a Possible Recession Looming, You May Want to Review Your Cash Flow Process

If you’re a business owner who has been through a recession before, you know that smart cash flow management is absolutely crucial. If you’re a new entrepreneur who hasn’t been through an economic downturn, you may be less familiar with how quickly your finances can be affected. To protect yourself and keep your business operating, here are the things you need to know about [...]

By |2022-06-02T22:27:15+00:00June 7, 2022|Business|Comments Off on With a Possible Recession Looming, You May Want to Review Your Cash Flow Process
Go to Top