by Sarah Boehle Pool | Sep 25, 2019 | Latest News
“Innocent spouses” may get relief from tax liability When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined income. Therefore, the IRS can come after either spouse to collect...
by Sarah Boehle Pool | Sep 23, 2019 | Latest News
What to do if your business receives a “no-match” letter In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA). The purpose of these letters is to alert employers if there’s a...
by Sarah Boehle Pool | Sep 19, 2019 | Latest News
Run your strategic-planning meetings like they really matter Many businesses struggle to turn abstract strategic-planning ideas into concrete, actionable plans. One reason why is simple: ineffective meetings. The ideas are there, lurking in the minds of management and...
by Sarah Boehle Pool | Sep 18, 2019 | Latest News
The “kiddie tax” hurts families more than ever Years ago, Congress enacted the “kiddie tax” rules to prevent parents and grandparents in high tax brackets from shifting income (especially from investments) to children in lower tax brackets. And while the tax caused...
by Sarah Boehle Pool | Sep 16, 2019 | Latest News
Businesses can utilize the same information IRS auditors use to examine tax returns The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. Your business can use the same guides to gain insight into what the IRS is looking for in terms...
by Sarah Boehle Pool | Sep 12, 2019 | Latest News
Is it time to hire a CFO or controller? Many business owners reach a point where managing the financial side of the enterprise becomes overwhelming. Usually, this is a good thing — the company has grown to a point where simple bookkeeping and basic financial reporting...
