by Sarah Boehle Pool | Mar 28, 2024 | Latest News
Small businesses can help employees save for retirement, too Many small business owners run their companies as leanly as possible. This often means not offering what are considered standard fringe benefits for midsize or larger companies, such as a retirement plan. If...
by Sarah Boehle Pool | Mar 27, 2024 | Latest News
New option for unused funds in a 529 college savings plan With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t tax deductible, but they grow tax deferred. Earnings used to pay...
by Sarah Boehle Pool | Mar 25, 2024 | Latest News
Tax-wise ways to take cash from your corporation while avoiding dividend treatment If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash as a dividend. However, a dividend distribution isn’t tax...
by Sarah Boehle Pool | Mar 21, 2024 | Latest News
Is it time to upgrade your business’s accounting software? By now, just about every company uses some kind of accounting software to track, manage and report its financial transactions. Many businesses end up using several different types of software to handle...
by Sarah Boehle Pool | Mar 20, 2024 | Latest News
If you didn’t contribute to an IRA last year, there’s still time If you’re gathering documents to file your 2023 tax return and you’re concerned that your tax bill may be higher than you’d like, there might still be an opportunity to lower it. If you qualify, you can...
by Sarah Boehle Pool | Mar 18, 2024 | Latest News
Taking your spouse on a business trip? Can you write off the costs? A recent report shows that post-pandemic global business travel is going strong. The market reached $665.3 billion in 2022 and is estimated to hit $928.4 billion by 2030, according to a report from...