Category: Newsletters

The SSA explains that it's seeking to reconcile discrepancies between the names and Social Security Numbers (SSNs) it has on file with the names and SSNs that employers report. The purpose isn't to support enforcement Read More

Reducing your current-year adjusted gross income (AGI) is usually a tax-smart idea. Here are ten tax planning strategies to reduce your AGI (and modified AGI) over the short and long run.   Closeup on AGI Read More

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

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

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

There are all kinds of ways to motivate employees, without spending big money.   Time off. In fact, Dave Worman, a Ottawa, IL, employee motivation consultant, and former sales center manager, and national sales manager Read More

We are often asked “how do I change accountants when I am unhappy with the services I am receiving?” You may feel loyal & committed to your current accountant. Or maybe you believe your accountant Read More

Why You Need a Buy-Sell Agreement If you co-own a business with other family members, it's generally a good idea to have a well-drafted buy-sell agreement to protect everyone's interests. Here are some basics about Read More

The free use of a company car is one of the best perks an employee may receive as part of a compensation package. But the benefit to the employee isn't completely "free" under current tax Read More

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