by Admin | Apr 30, 2024 | Business Taxes
The U.S. Department of Labor’s (DOL’s) Wage and Hour Division (WHD) published its updated federal overtime rule. The rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional (EAP), Outside Sales and Computer Employees, was initially...
by Admin | Apr 3, 2024 | Business Taxes, Entrepreneurial, Tax Planning
As the winds of economic uncertainty continue to blow, many businesses find themselves sailing through turbulent waters. With high interest rates and mounting consumer debt, fears of an impending recession loom large. But amid these challenges lies an opportunity for...
by Admin | Apr 3, 2024 | Business Taxes, Entrepreneurial, Tax Planning
In the bustling world of small businesses, where every decision can significantly impact your bottom line, overstaffing can be a major problem. One of the main reasons for this is that hiring too many employees can happen before you even realize it – you might be...
by Admin | Apr 3, 2024 | Business Taxes, Entrepreneurial
For many business owners, the future is uncertain. Would you like to ensure the long-term success of your enterprise, reducing stress and providing peace of mind? That’s where succession planning comes in. Every successful business gets to that point thanks to careful...
by Admin | Mar 6, 2024 | Business Taxes, Entrepreneurial, Individual Taxes
One fundamental financial practice that often gets overlooked, yet holds immense importance, is the separation of personal and business finances. By maintaining distinct bank accounts and credit cards for business transactions, small business owners can streamline...
by Admin | Mar 6, 2024 | Business Taxes, Tax Planning
The U.S. Department of Labor (DOL) announced on Jan. 9, 2024, the issuance of its final rule regarding whether a worker is an employee or an independent contractor under the federal Fair Labor Standards Act (FLSA). The new rule, which becomes effective March 11, 2024,...
