As the use of digital assets like cryptocurrencies continues to grow, so does the IRS’s scrutiny of how taxpayers report these transactions on their federal … [Read more...]
The IRS recently announced 2026 amounts for Health Savings Accounts
May 27, 2025 by Jen Burnett
The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save a modest amount more in their … [Read more...]
Taxation of Social Security Benefits
May 27, 2025 by Jeff Rislov
Taxation of Social Security Benefits: Income Thresholds and the Impact of Additional Income As you approach retirement, or if you are already drawing Social … [Read more...]
Hiring independent contractors? Make sure you’re doing it right
May 20, 2025 by Lori Reich
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
May 20, 2025 by Jennifer Lownsbury
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?
May 19, 2025
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.
May 6, 2025 by Karla Hemmesch
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
May 5, 2025 by Annette Benson
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?
May 5, 2025 by Jim Rudnick
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?
April 30, 2025
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...]
