by Sarah Boehle Pool | May 8, 2023 | Latest News
Have employees who receive tips? Here are the tax implications Many businesses in certain industries employ individuals who receive tips as part of their compensation. These businesses include restaurants, hotels and salons. Tip definition Tips are optional payments...
by Sarah Boehle Pool | May 4, 2023 | Latest News
Is now the time for your small business to launch a retirement plan? Many small businesses start out as “lean enterprises,” with costs kept to a minimum to lower risks and maximize cash flow. But there comes a point in the evolution of many companies — particularly in...
by Sarah Boehle Pool | May 3, 2023 | Latest News
Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty Most retirement plan distributions are subject to income tax and may be subject to an additional penalty if you take an early withdrawal. What’s considered early? In general,...
by Sarah Boehle Pool | May 1, 2023 | Latest News
How the new SECURE 2.0 law may affect your business If your small business has a retirement plan, and even if it doesn’t, you may see changes and benefits from a new law. The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) was recently...
