Families First Coronavirus Response Act Signed into Law
We have gathered information from trusted resources to provide you the following detail regarding The Families First Coronavirus Response Act.
No Employees This Quarter? You Still May Need to File IRS Form 941
The need to file IRS Form 941 is more common than you think.
Congress Extends Employers’ Hiring Tax Credit for Another Year
Employers that hire disadvantaged individuals, such as unemployed veterans, SSI recipients, and ex-felons, among others, may benefit from a substantial federal tax credit.
Will Independent Contractors Become Extinct?
Although this issue currently pertains to California, other smaller states are sure to follow, and this will ultimately become an issue for employers nationwide.
The Advantages and Disadvantages of Owning a Franchise
Owning a franchise can be a great way to break into the world of entrepreneurship. However, franchising isn’t for everyone.
Buy/Sell Agreements
In this episode of our Small Business Minute, Research Analyst Nick Antonucci, CVA, CEPA, discusses buy/sell agreements and how it can protect both the business and business owners should something happen to an owner and his or her interest in the company need to be sold.
Employer’s Pension Startup Credit Substantially Increased
If you are considering establishing a qualified pension plan for your business, you may be entitled to the Credit for Small Employer Pension Startup Costs.
The Difference Between an Audit, a Review, and a Compilation
If you’re considering investing in an organization or lending it money, you will likely need to get an audit, review, or compilation.
Congress Allowing Higher Medical Deductions for 2019 and 2020
With the passage of the Appropriations Act of 2020, more taxpayers may qualify for medical deductions.
Benefit Plans for Small Businesses
To attract and maintain employees, your business may want to offer health insurance, life insurance and a retirement plan.