Small business owners: Can you name the key differences between prepared and compiled financial statements?
How much can your employees contribute to 401(k) plans this year? How much will your business be able to deduct for business meals, driving expenses and equipment in 2022? Here are the answers to these and other questions about tax inflation adjusted amounts and other changes affecting businesses.
Construction companies don’t have it easy when it comes to bookkeeping. Here are eight ways you might be able to improve how you track your transactions.
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.
Are inefficient inventory practices dragging down your business? It’s important to regularly review your approach.
When structured and managed correctly, a commission program can boost employee compensation and morale. But it also can tempt salespeople to commit fraud. Here’s how to contain the threat.
With real estate prices up in some markets, the “like-kind” exchange strategy may be attractive if you want to sell commercial or investment real estate.
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?