Employers: In 2023, the Social Security wage base is going up The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 20... Read More
The audit is over. Now what? Whew! That’s probably your reaction when outside experts announce that their audit of your not-for-profit is complete. But even if au... Read More
You may be liable for “nanny tax” for all types of domestic workers You’ve probably heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you. Hiring a house... Read More
Supplementing your company’s health care plan with an EBHRA Is your business ready to take its health care benefits to the next level? One way to do so is to supplement group health coverage with an ... Read More
Ratio analysis: Extracting actionable data from your financials What do you do with your financial statements when your auditor delivers them? Resist the temptation to just file them away — they&rs... Read More
Don’t forget income taxes when planning your estate As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to be concerned with federal e... Read More
Using agreed-upon procedures to target specific items of concern Your CPA offers a wide menu of services. One flexible offering, known as an “agreed-upon procedures” engagement, provides limit... Read More
How to handle evidence in a fraud investigation at your business Every business owner should establish strong policies, procedures and internal controls to prevent fraud. But don’t stop there. Also ... Read More
Separating your business from its real estate Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in the name of the business... Read More
2022 Q4 tax calendar: Key deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind tha... Read More