We have prepared a selection of frequently asked questions.
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Scott Henvey: Jan 12, 2024 10:46:13 AM
The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per...
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Scott Henvey: Dec 19, 2023 11:57:39 AM
The holiday season is here. During this festive season, your business may want to show its gratitude to employees and customers by giving them gifts...
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Maurice La Verdure: Dec 19, 2023 11:51:56 AM
The job market remains relatively tight for businesses looking to fill open positions or simply add top talent when the fit is right. That means it’s...
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Scott Henvey: Dec 19, 2023 11:47:43 AM
One of the most appreciated fringe benefits for owners and employees of small businesses is the use of a company car. This perk results in tax...
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Scott Henvey: Nov 8, 2023 12:29:35 PM
If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you...
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Scott Henvey: Nov 8, 2023 12:26:39 PM
Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into...
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Maurice La Verdure: Nov 8, 2023 12:18:33 PM
Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are...
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Maurice La Verdure: Sep 15, 2023 2:10:22 PM
It’s not uncommon for employees to grumble about having to attend too many meetings. Sometimes they have a point; an excessive number of meetings can...
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Scott Henvey: Sep 15, 2023 2:00:46 PM
The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation...
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Scott Henvey: Sep 15, 2023 1:52:08 PM
If your employer provides life insurance, you probably find it to be a desirable fringe benefit. However, if group term life insurance is part of...
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Scott Henvey: Aug 21, 2023 11:02:15 AM
If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up being...
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Maurice La Verdure: Jul 17, 2023 11:57:06 AM
Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports...
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Scott Henvey: Jul 17, 2023 11:36:47 AM
If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in order to...
