by Sarah Boehle Pool | Oct 21, 2019 | Latest News
The key to retirement security is picking the right plan for your business If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself and any employees. Several types of plans are eligible for...
by Sarah Boehle Pool | Oct 14, 2019 | Latest News
The tax implications of a company car The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit results in tax deductions for the employer as well as tax breaks for the owners and employees using the cars....
by Sarah Boehle Pool | Oct 10, 2019 | Latest News
Some business owners can’t participate in their own companies’ HRAs Many companies now offer Health Reimbursement Arrangements (HRAs) in conjunction with high-deductible health plans (HDHPs). HRAs offer some advantages over the perhaps better-known HDHP companion...
by Sarah Boehle Pool | Oct 9, 2019 | Latest News
Expenses that teachers can and can’t deduct on their tax returns As teachers head back for a new school year, they often pay for various expenses for which they don’t receive reimbursement. Fortunately, they may be able to deduct them on their tax returns. However,...
by Sarah Boehle Pool | Oct 7, 2019 | Latest News
Should you elect S corporation status? Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation (at least at the federal level). Self-employed people may also be able to lower their exposure to...
