Businesses face a variety of tax-related deadlines in the first quarter of 2023. Here are some of them.
Wining and dining customers and employees can result in tax deductions and for 2022, the write-offs are bigger than usual.
Owners of restaurants and bars have had a rough couple of years due to the pandemic. Keep in mind that employers in the food and beverage industry may be eligible for a valuable tax break with the FICA tip credit. Here’s how it works.
The price of gas is up about $1 a gallon from a year ago. How does this affect the amount your business can deduct for business driving in 2022?
According to a 2018 study by the U.S. Bureau of Labor Statistics, “approximately 38 million private-sector employees in the United States do not have access to a retirement savings plan through their employers.” On July 29, 2019, the U.S. Department of Labor announced a new rule that allows small and mid-size businesses to gain access[ … ]
Earlier this year, the U.S. Department of Labor (DOL) proposed a new overtime-pay exemption trigger, which would make more than one million American workers eligible for overtime pay under the Fair Labor Standard Act (FLSA). On September 24, 2019, the final overtime rule was issued to be effective on January 1, 2020. Below are a[ … ]