Target These Areas for Better Employee Retention
Employee retention starts with providing fair compensation and benefits, but it doesn’t end there by any means. You can improve [...]
IRA: Traditional or Roth?
Looking to fund your retirement with an IRA? You should know that there are two types: Traditional and Roth. Which [...]
Child and Dependent Care Credit
You may be able to claim the child and dependent care credit if you pay expenses for the care of [...]
Avoid Filing Separate Partnership Tax Return
As you know, running a business often means filing a separate business tax return. But you may not be aware [...]
Business Car Use: Keep Adequate Records
If you fail to keep adequate records for business car use, the IRS can disallow deductions. You are required to [...]
Related Party Transactions: Planning Around the Matching Rule
The related-party matching rule places your business on the cash method for deducting payments to related cash-method payees. You need [...]
Four Ways to Avoid Cash Flow Problem
Cash flow problems in a business don’t just come out of nowhere – there’s always a cause. In many cases, [...]
Be Excellent, Not Perfectionist
“Perfect” may be the ultimate praise, but trying to attain perfection can cause stress, hinder efficiency, and create unnecessary conflicts [...]
Releasing Your Passive Losses
As you may know, the rental property rules have prevented you from deducting your passive losses in prior years. That’s [...]
Traits of Successful Team Players
Whether you’re forming a fully self-directed work team or leading a group that just needs to collaborate effectively, you must [...]