Companies often don’t want the risk and overhead of maintaining payroll and HR staff, but are nervous about how to stay compliant. Payroll management is a critical function for businesses of all shapes, sizes, and industries, and it is essential to ensure employees are paid both correctly and on time. Managing payroll doesn’t have to...
Spring has sprung and brought with it anniversaries, graduations, weddings, spring birthdays and seasonal holidays, all of which require a gift of sorts, and often times these gifts are monetary. When you make a substantial gift to anyone of cash or property, the IRS takes notice. But the good news is, gifts are excluded from...
Taxes directly affect how much of your hard-earned money that you keep, and one of the last things you want to worry about in your retirement years is taxes. A key tax area often overlooked by retirees that deserves your attention is capital gains tax. When making seemingly straightforward financial decisions like selling a stock...
Thinking about selling your home? Your home is considered a capital asset, and as a homeowner, you may be concerned about paying capital gains tax if you do decide to sell. Luckily there is a tax provision known as the “Section 121 Exclusion” that can help you save on taxes following the sale of your...
It’s the height of tax season and thousands of IRS employees have just been let go, will your refund be delayed? Probably not, the IRS will reallocate workers from other areas to help meet the needs of tax season. Still, put yourself in the best possible position to receive your refund on time with our...
