Batley CPA Tax & Business Alert April 2025
If you’ve filed your 2024 tax return, you may be eager to do some spring cleaning, starting with tax-related paper and digital clutter.
Batley CPA Tax & Business Alert March 2025
If you own or manage a business with employees, you could be personally responsible for paying a harsh tax penalty. It’s called the Trust Fund Recovery Penalty (TFRP). It applies to Social Security and income taxes, which must be withheld from employees’ wages.
Batley CPA Tax & Business Alert February 2025
When your business places newly acquired qualifying assets into service, tax-saving benefits are generally available. Under Section 179 of the tax code, businesses can take substantial depreciation deductions, with limits based on their taxable income.
Batley CPA Tax & Business Alert January 2025
Wouldn’t it be great if your employees worked as if they owned part of the company? An employee stock ownership plan (ESOP) could make that a reality.
Batley CPA Tax & Business Alert December 2024
If someone suggests that you should have your business appraised, you might wonder if that’s a subtle suggestion that you should retire and sell the company.
Batley CPA Tax & Business Alert November 2024
As 2024 is nearing its end, now is a good time to consider year-end strategies to help reduce the tax your business will owe.
Batley CPA Tax & Business Alert October 2024
Some small businesses struggle with employee morale for a variety of reasons, one of which may be economic uncertainty.
Batley CPA Tax & Business Alert September 2024
Are you in the process of starting a business or contemplating changing your business entity? If so, you’ll need to decide how to organize your company.
Batley CPA Tax & Business Alert August 2024
Are you in the process of starting a business or contemplating changing your business entity? If so, you’ll need to decide how to organize your company.
Batley CPA Tax & Business Alert July 2024
The question of whether a worker is an independent contractor or an employee for federal income and employment tax purposes is a complex one.
