Hiring independent contractors? Make sure you’re doing it right

Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among them, … [Read more...]

How working in the gig economy affects your taxes

The gig economy offers flexibility, autonomy and a way to earn income, but it also comes with tax obligations that can catch many workers off guard. Whether … [Read more...]

Have You Filed Your Q2 Estimated Tax Payment Yet?

The Deadline Is June 16, 2025! For many small business owners, self-employed individuals, and anyone who receives income not subject to withholding, estimated … [Read more...]

Still have tax questions? You’re not alone.

Even after your 2024 federal return is submitted, a few nagging questions often remain. Below are quick answers to five of the most common questions we hear … [Read more...]

How fraud can harm your business’s value

Fraud — whether it’s occupational or external — doesn’t just cause immediate financial losses. It can also reduce your company’s long-term value. For example, … [Read more...]

Corporate business owners: Is your salary reasonable in the eyes of the IRS?

Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation is … [Read more...]

Who Should Be Responsible for Delivering a Disciplinary Action?

In general, disciplinary actions should be delivered by the employee’s manager. It’s the manager’s job to define what success looks like in the role, set … [Read more...]

Lactation Accomodation Q&A

What are we required to provide for an employee who asks to pump breast milk at work? The federal Fair Labor Standards Act, amended by the Providing Urgent … [Read more...]

Personal Leave of Absence Q&A

An employee requested an unpaid leave of absence to complete their last semester of college. Do we have to approve it? If we don’t but still want to, what … [Read more...]

Understanding the “step-up in basis” when inheriting assets

If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit called the step-up in basis. … [Read more...]