by Sarah Boehle Pool | Jul 11, 2022 | Latest News
Tax issues to assess when converting from a C corporation to an S corporation Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations may provide tax advantages over C...
by Sarah Boehle Pool | Jul 7, 2022 | Latest News
AI for small to midsize businesses isn’t going away Artificial intelligence (AI) has made great inroads into certain sectors of the U.S. economy. However, it hasn’t reached many small to midsize businesses (SMBs) in a major way … yet. In 2021, AI analysis firm...
by Sarah Boehle Pool | Jul 6, 2022 | Latest News
Thinking about converting your home into a rental property? In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this, you’re probably aware of the financial risks and rewards. However,...
by Sarah Boehle Pool | Jul 4, 2022 | Latest News
Fully deduct business meals this year The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19 relief laws, the usual deduction for 50% of the cost of business meals is doubled to 100% for...
by Sarah Boehle Pool | Jun 30, 2022 | Latest News
Undertaking a pay equity audit at your business Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same or similar jobs, while accounting for differences in experience and tenure,...