small business

What to Consider Before Teaming Up

April 23, 2018

As a result of rising facility costs, many nonprofits throughout the United States are beginning to consider shared workspace arrangements. This is of particular interest in areas where organizations are being priced out of the real estate market. Nonprofits who are looking to cut operating costs can also benefit from such a move. Options to…

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The Enemy Within

February 27, 2018

How Can You Prevent Employee Fraud? One of the biggest challenges of detecting, investigating and preventing employee fraud is the fact that there are so many types of fraud and theft that require different methods for discovery. Every department presents opportunities for employee theft, although it’s been widely reported that a disproportionate percentage of theft…

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Tax Benefits for Organizations that Accommodate Individuals with Disabilities

January 30, 2018

Businesses that are “good citizens” by accommodating individuals with disabilities may qualify for a number of tax credits and/or deductions. These include: Work opportunity tax credit. By hiring qualified individuals from specific groups, including some with disabilities, employers may be eligible for the credit. Businesses use Form 8850, “Pre-Screening Notice and Certification Request for the…

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Fast Track Helps Small Businesses Resolve IRS Matters Swiftly

December 22, 2017

Small business owners and self-employed individuals who are looking to settle factual or legal issues between themselves and the IRS, can use the Fast Track Settlement (“FTS”) program made available by the IRS’s Small Business/Self-Employed Division. The program started as a pilot in 2006, and was made permanent in March 2017 through Revenue Procedure 2017-25.…

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President Signs Sweeping Tax Overhaul Bill into Law

December 22, 2017

On December 20th, 2017, Congress approved the final version of the “Tax Cuts and Jobs Act.” Earlier today, President Trump signed this bill into law. This is the first major tax overhaul since Ronald Reagan was president. It will have far-reaching effects on all individuals and businesses. Please click below for a special report on key…

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The Latest on Tax Reform

December 19, 2017

On December 15th, 2017 the House and Senate conference committee released the final version of the “Tax Cuts and Jobs Act,” a sweeping tax reform proposal. The Conference bill would impact virtually every individual and business on a level not seen in over 30 years.  Please click below for a special report on key aspects of…

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