Can Your Research Credits Offset Your Payroll Tax Bill?

Does your small business engage in qualified research activities? If so, you may be eligible for a research credits that can now be used to offset your federal payroll tax bill. This relatively new privilege allows research credits…


  • Diane Glover
  • Jul 17, 2017

Enforcing Non-Compete Agreements

If you worry that your employees will join a competitor, you may ask them to sign non-compete agreements. Non-compete agreements are a contract between an employer and employees, stating that the employee will not work…


  • Diane Glover
  • Jun 22, 2017

Business Expenses Personal or Deductible? Don’t Get Caught

To be deductible, business expenses must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that's helpful and appropriate…


  • Diane Glover
  • Jun 12, 2017

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

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