Tis the season for charitable giving – aka, charity donations. If you want to give back to those who aren’t profiting like you are, your business should consider giving a percentage of your profits to a charity of your choosing. There are plenty of worthy charities that could use some help. PayTech is here to… Read more about Charity Donation: How Your Small Business Can Get Tax Deductions
Keeping control of your business’ expenses is a vital part of making a business successful. While you might always make sure to keep careful track of your spending in order to make your business grow, not everyone involved with your company will have the same goal. Some people are only looking out for themselves, and… Read more about Protecting Your Business From Expense Reimbursement Fraud
Every job has its perks. If you run a restaurant, for example, it may be expected that you provide some sort of employee meal policy. There are several benefits to these plans, but there are also costs associated with the plans. If you want to ensure that you have access to the best employees in… Read more about What Are the Benefits of an Employee Meal Policy
Are you a business owner? Are you getting all of your potential tax savings? With those dollars representing precious resources you could invest back into your business, it is not just about getting more money in your pocket. It could be the difference between your business’ long-term failure and success. And while large corporations have… Read more about 7 Tax Saving Tips for Small Business Owners in Arizona
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
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?
Who’s ready to read the 73,000 pages of tax codes?!! Anyone? Anyone? Bueller? Yeah, we didn’t think so. The tax codes are absurdly long and we know for certain that you’re not going to spend your time combing through each page to see if your tax deduction is listed there. We can tell you it… Read more about Small Business Tax Deductions Checklist
Deck the halls with bells of holly, the end of the year is fast approaching. Smells of cinnamon and pine trees will soon take over the air while holiday parties will soon take over your calendar. With all of the hustle and bustle, no one wants to read about account tips, but we’ve got some… Read more about Holiday Accounting Tips for Businesses