Batley CPA Tax & Business Alert November 2024
As 2024 is nearing its end, now is a good time to consider year-end strategies to help reduce the tax your business will owe.
As 2024 is nearing its end, now is a good time to consider year-end strategies to help reduce the tax your business will owe.
The Corporate Transparency Act (“CTA”) was enacted by Congress on a bipartisan basis on January 1, 2021, as part of the National Defense Authorization Act.
Some small businesses struggle with employee morale for a variety of reasons, one of which may be economic uncertainty.
Are you in the process of starting a business or contemplating changing your business entity? If so, you’ll need to decide how to organize your company.
Are you in the process of starting a business or contemplating changing your business entity? If so, you’ll need to decide how to organize your company.
To be exempt from overtime pay under this provision, workers must be paid a salary of at least $58,656 and must also meet certain job duties for executive, administrative, and professional employees.
The question of whether a worker is an independent contractor or an employee for federal income and employment tax purposes is a complex one.
If you’re a small business owner and you hire your children this summer, you may be able to obtain tax breaks and other nontax benefits.
If you’re a small business owner and you hire your children this summer, you may be able to obtain tax breaks and other nontax benefits.
If you’re looking for a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved, there are some options to consider. One possibility is a “simplified employee pension” (SEP).