Can You Monitor Employee Communications
Employers have many reasons to monitor employee communications from time to time to keep you out of legal trouble or to protect the integrity of your business. For example, if any kind of illegal discrimination…
- Diane Glover
- Jun 02, 2017
When Can You Purge Your Old Financial Records
Feeling the urge to purge? April 18, 2017, is the deadline for individuals and C corporations to file their federal income tax returns for 2016 (or to file for an extension). Before you clear your…
- Diane Glover
- Apr 18, 2017
Promote From Within Successfully: A Management Cookbook
Promoting non-supervisory employees to management roles can be a morale-booster for the promoted employee, and for others. Seeing a fellow employee move up the ladder gives coworkers reason to expect that, someday, they could rise…
- Kirsch CPA Group
- Apr 13, 2017
Keep Your Donor Database Clean
This is one of those Believe It or Not stories: Years ago, a charity generated solicitation letters from a computerized donor database. One letter addressed to a state Humane Society stated: "Dear Miss Society." Whoops!…
- Janis Bergeron
- Mar 23, 2017
There’s Still Time to Set Up a SEP for 2016
Simplified Employee Pensions (SEPs) are stripped-down retirement plans intended for self-employed individuals and small businesses. If you don't already have a tax-favored retirement plan set up for your business, consider establishing a SEP — plus,…
- Becky Byrd
- Mar 21, 2017
Use Incentive Compensation Plans to Maximize Productivity
Bonuses: They're not just for senior executives anymore. Many companies now offer performance-based incentives to rank-and-file personnel, too. Well designed employee compensation plans can have a big impact on motivation for employees to be more…
- Kirsch CPA Group
- Mar 21, 2017
Learn the IRS Red Flags That Can Trigger an Audit
What triggers an IRS tax audit? While the IRS isn't about to publish a list of items that cause an audit red flag, there are a number of items that are known to raise the…
- Deb Weber
- Mar 01, 2017
Recruit and Retain Good Employees with Benefit Programs
It's a lot more efficient to retain good employees than to find and hire new ones. The Society for Human Resource Management (SHRM) recently asked its members how they are adapting their employee benefit programs…
- Kirsch CPA Group
- Feb 17, 2017
Remember To Take Required Minimum Distributions at Age 70 1/2 Or Face Penalties
Did you know there's a stiff penalty if you fail to take timely distributions from your IRA? Once you turn age 70½, you must start taking required minimum distributions (RMDs) from your traditional IRAs, including…
- Sue Schloemer
- Feb 17, 2017
How S Corporations Can Save on Federal Employment Taxes
If you own an unincorporated small business, you may be getting fed up with high self-employment (SE) tax bills. One way to lower your SE tax liability is to convert your business to an S…
- Pete Abner
- Feb 06, 2017