Don’t Overlook the Need for a Detailed Weather Emergency Plan
Weather emergencies take many forms and depending on your location, you're likely more vulnerable to some forms than others. But the following data about the business impact of natural disasters from the Federal Emergency Management Read More
Apr 28, 2021
Tax Breaks for Green Manufacturers Are Expanded
In recent years, lucrative tax breaks for energy-efficient investments have enticed many manufacturers to "go green." At the end of 2020, the Consolidated Appropriations Act (CAA) was enacted, which includes various provisions that expand and Read More
Apr 14, 2021
Temporary Changes to the Child and Dependent Care Credit
The American Rescue Plan Act (ARPA) includes major, but temporary, changes to the longstanding federal income tax child and dependent care credit. The changes are favorable for most taxpayers, except high-income individuals. Here's what you Read More
Apr 14, 2021
Watch Out for COVID-19 Vaccine Scams
As millions of people sign up for COVID-19 vaccines across the United States, dishonest people see yet another opportunity to defraud, cheat or steal from unsuspecting victims. Don't let yourself be swept up in these Read More
Apr 14, 2021
Know Your OSHA Obligations if COVID-19 Strikes Your Business
Not all employers are bound by the recordkeeping and reporting requirements established by the Occupational Safety and Health Administration (OSHA). Generally, an employer must have more than 10 employees to be subject to those legal Read More
Apr 14, 2021
Trader Status Offers Significant Tax Benefits
In January 2021, online day traders trapped institutional short sellers in a short squeeze by buying up shares of the video and computer game retailer GameStop. This episode brought attention to a number of issues Read More
Apr 14, 2021
Accounting Myth Busting: Switching Your Accountant Is Costly
Change is hard, even when you know it’s the right thing to do. That is just as true in business as in every other human endeavor. And so, we put it off. We find ways Read More
Apr 09, 2021
Using Cash Flow Forecasting to Avoid Problems & Grow Your Business
Every business owner knows the importance of cash flow. It’s what keeps the lights on and keeps things moving forward. But cash flow is not the same thing as your bank balance today vs. yesterday. Read More
Apr 07, 2021
Employee Retention Credit: Help for Nonprofits
If your not-for-profit managed to keep staffers employed throughout the COVID-19 pandemic, there could be a tax reward. Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, employers may be entitled to claim an Read More
Apr 01, 2021
A Closer Look at Durable Power of Attorney
As the COVID-19 pandemic taught many Americans, serious illness may strike at any time and any age. Of course, in ordinary times, older Americans are at risk of becoming physically or mentally incapacitated. So if Read More
Apr 01, 2021