by Sarah Boehle Pool | Aug 28, 2017 | Latest News
All fringe benefits aren’t created equal for tax purposes According to IRS Publication 5137, Fringe Benefit Guide, a fringe benefit is “a form of pay (including property, services, cash or cash equivalent), in addition to stated pay, for the performance of services.”...
by Sarah Boehle Pool | Aug 24, 2017 | Latest News
Fine-tuning your company’s compensation strategy As a business evolves, so must its compensation strategy. Hopefully, your company is growing — perhaps adding employees or promoting staff members who are key to your success. But other things can spur the need to...
by Sarah Boehle Pool | Aug 21, 2017 | Latest News
Keep real estate separate from your business’s corporate assets to save tax It’s common for a business to own not only typical business assets, such as equipment, inventory and furnishings, but also the building where the business operates — and possibly other real...
by Sarah Boehle Pool | Aug 17, 2017 | Latest News
Why business owners should regularly upgrade their accounting software Many business owners buy accounting software and, even if the installation goes well, eventually grow frustrated when they don’t get the return on investment they’d expected. There’s a simple...
by Sarah Boehle Pool | Aug 16, 2017 | Latest News
Claiming a federal tax deduction for moving costs Summer is a popular time to move, whether it’s so the kids don’t have to change schools mid-school-year, to avoid having to move in bad weather or simply because it can be an easier time to sell a home. Unfortunately,...
by Sarah Boehle Pool | Aug 14, 2017 | Latest News
3 breaks for business charitable donations you may not know about Donating to charity is more than good business citizenship; it can also save tax. Here are three lesser-known federal income tax breaks for charitable donations by businesses. Food donations Charitable...
