At the end of every year, most businesses go through the process of filling out a Form W-2 for each employee, which can make for a very stressful time. The pressure of knowing that even the smallest of mistakes can result in costly consequences can make business...
IRS
IRS warns taxpayers about misleading claims about non-existent Self Employment Tax Credit
WASHINGTON — The Internal Revenue Service issued a consumer alert following bad advice circulating on social media about a non-existent “Self Employment Tax Credit” that’s misleading taxpayers into filing false claims. Promoters and social media are marketing...
The 3 Key Ways SECURE Act 2.0 Helps Employers
While there have always been tax benefits of 401(k)s for employers, SECURE Act 2.0 is changing the way businesses and workers save for retirement. As a business owner, it’s important to understand how these 401(k) benefits can impact your bottom line and your ability...