The simple truth about annual performance reviews
The simple truth about annual performance reviews There are many ways for employers to conduct annual performance reviews. So many, in fact, that owners of small to midsize businesses may find the prospect of implementing a state-of-the-art review process overwhelming. The simple truth is that smaller companies may not need to exert a lot of […]
June 13, 2019
Selling your home? Consider these tax implications
Selling your home? Consider these tax implications Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may be out in full force in your area. Freddie Mac reports that the average 30-year fixed mortgage rate was 4.14% during the week of May 2, 2019, while […]
June 12, 2019
Consider a Roth 401(k) plan — and make sure employees use it
Consider a Roth 401(k) plan — and make sure employees use it Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s are now available at 70% of employer plans, […]
June 10, 2019
How entrepreneurs must treat expenses on their tax returns
How entrepreneurs must treat expenses on their tax returns Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have to spend a lot of money. You may have to train […]
June 5, 2019
Employee vs. independent contractor: How should you handle worker classification?
Employee vs. independent contractor: How should you handle worker classification? Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over a worker’s day-to-day activities. But the government is on the lookout for businesses that classify workers as independent contractors simply to reduce taxes or avoid […]