No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these benefits is through an employer-sponsored Health Savings Account (HSA). For
If your business has independent contractors or makes other payments to customers or others, you probably file 1099 forms with the IRS. The tax agency is currently sending out notices about these forms to some taxpayers.
Just like in email phishing attacks, cyber criminals often play on your emotions to get you to act by creating a sense of urgency or curiosity, for example. However, what makes messaging attacks so dangerous is there is far less information and fewer clues in a text than there is in an email, making it much harder for you to detect that something is wrong.
If you own your own business, the rules for deducting a spouse’s travel costs are very restrictive. Here are the rules.
What are the top concerns your organization is currently facing? This is just one of the questions audit committee members were asked in a recent survey about the audit process in 2021.
Dividends paid out by corporations are taxable to shareholders and can’t be deducted by the corporation. But there might be ways to get cash out of your corporation without dividend treatment. Here are some approaches.
Starting in fiscal year 2022, all entities — except nonprofit organizations in the scope of Topic 958, Not-for-Profit Entities, and employee benefit plans — must provide detailed disclosures about government assistance. Here are the details of the new rules.
Many small businesses operate as sole proprietorships. Here are eight tax issues involved in operating as this entity.
It’s audit season for calendar-year entities. Will your auditor issue a clean opinion? Here’s what happens when auditors have reservations about the reliability of a company’s financial statements and its ability to continue as a going concern.
Does it seem like cyber criminals have a magic wand for getting into your email or bank accounts and there’s nothing you can do to stop them? Wouldn’t it be great if there was one single step you could take that would help protect your from cyber criminals and let you securely make the most of technology? While no sole step will stop all cyber criminals, one of the most important steps you can take is to enable something called two-factor authentication (sometimes called 2FA, two-step verification, or multi-factor authentication) on your most important accounts.
Your company is unique, and we may not be able to answer your specific questions within a blog post. Contact us and let our experts find the solution that’s right for you.
Packer Thomas Certified Public Accountants & Business Consultants.
