New Overtime Pay Rules Finalized for 2020
The U.S. Department of Labor (DOL) has issued the long-anticipated final version of its overtime eligibility rules. The changes will take effect on January 1, 2020. As a result, the DOL estimates that 1.3 million Read More
Oct 15, 2019
Guidance on Independent Contractor Status
The so-called "gig economy" challenges conventional practices between companies and the people who perform the work. A key question is: Are these workers an independent contractor or employee? The U.S. Department of Labor (DOL) recently Read More
Jul 19, 2019
Tax Breaks for Home Improvements
Are you planning to make substantial renovations to your home? You may be adding a deck or patio, finishing a basement or attic or installing a pool. Despite some changes in the Tax Cuts and Read More
Jul 19, 2019
Navigate the Tax Rules for Boats and RVs
Will you be cruising the waters on your boat or camping out in your RV this year? Besides the pleasure you can enjoy through your personal property, you may also be eligible for tax breaks, Read More
Jun 06, 2019
Records Retention Guidelines to Remember During Spring Cleaning
Warm weather and rainy days bring the urge to purge. But before you clean your file cabinets or declutter your computer files, it's important to review these records retention guidelines. Federal Tax Records Most Read More
May 24, 2019
How Can Small Business Owners Reduce Taxes?
If your small business is unincorporated, you may be fed up with paying the federal self-employment (SE) tax. This tax is how the federal government collects Social Security and Medicare taxes from self-employed individuals. However, Read More
May 24, 2019
Put the Tax Cuts to work for your Business
Do you know the highest individual tax rate under the new laws? What are the highest tax rates in the history of the United States? While these were some interesting tax facts, those who attended Read More
Jul 17, 2018
IRS Encourages Taxpayers to Check Withholding
Are you withholding enough money from your regular paychecks? The Tax Cuts and Jobs Act (TCJA) has made several significant changes to the tax rules for individuals for 2018 through 2025. As a result, many Read More
Jul 06, 2018
Save or Shred? Follow These Record Keeping Guidelines
Are you a record keeping pack rat? Many individuals and businesses hold onto paper and digital records indefinitely — just in case. But securely storing years of financial records can become burdensome. Here's some guidance to Read More
Apr 17, 2018
How the New Tax Law Affects Rental Real Estate Owners
Do you own residential or commercial rental real estate? The Tax Cuts and Jobs Act (TCJA) brings several important changes that owners of rental properties should understand. In general, rental property owners will enjoy lower Read More
Mar 26, 2018