As a small business owner, changes to the federal tax code and new federal business tax deductions will have you feeling like you have homework to do. But sweeping changes in the recently passed federal tax plan has entrepreneurs (and tax accountants) everywhere feeling like they are cramming for midterms. Have no fear! We have… Read more about Federal Business Tax Deductions You Should Know About for 2018
Business regulations are different depending on which state you reside in, which is why it’s important to know the difference between an Arizona C Corporation and an Arizona S Corporation. Many people believe that Arizona only allows a business to be elected as an S Corporation upon their original formation, but this is inaccurate. Your… Read more about The Differences Between an Arizona C Corporation Vs. an Arizona S Corporation
It’s official. The GOP tax plan has been passed and has been signed into law by President Trump. With this being the first major tax reform since the days of Reagan, many small businesses are unsure of where to begin in their preparations for the tax updates. Luckily, we’ve got you covered.
Since its creation in the 1970s, many American workers and employers have taken advantage of the tax benefits to be had under Section 125 of the IRS code in the form of cafeteria plans — plans that allow employees to contribute a pre-tax portion of their income to benefits like medical or dependent care or… Read more about Are Section 125 Cafeteria Plan Deductions in Trouble?
Can you believe it? 2017 is just about over. It’s been a hectic year in Corporate America, especially concerning sexual harassment in the workforce. Included in our newsletter are 2 articles with tips to keep your sexual harassment policy up to date in light of the latest events in the news.
Since the U.S. Senate passed its version of the tax overhaul bill, much has been made about what the legislation will mean for large corporations, families and individuals. But what should small businesses in Arizona be aware of as President Trump looks to have the bill finalized and signed by Christmas?
As a new or expanding company owner, there are many crucial aspects you should research before you open a business. One of these things is undoubtedly choosing an inexpensive area for your business to thrive in. However, the Phoenix area is quite diverse and it can be difficult to pinpoint which neighborhood will be best… Read more about Least Expensive Phoenix Area Cities to Open a Business
As a business owner, there are some practical steps you can take to get your business off on the right foot going into the new year. Among those items, this year-end bookkeeping checklist can help take the pain out of accounting and maximize your efficiency.