Insights
What Should Small Business Owners Know About the Importance of Getting Their Accounting Right the First Time?
Every small business owner should be borderline obsessed with getting the nuances of accounting right on the initial attempt. Crunching the numbers to perfection on the first try prevents a litany of problems down the line. Do your accounting right the first time around and you’ll avoid all sorts of potentially time-consuming projects ranging from…
Read MoreFlorida Will Cut Corporate Income Taxes
Florida’s Department of Revenue recently announced its corporate income tax is dropping to slightly more than 3.5%. The decrease will be applicable to 2021 onward. The reduction in corporate income taxes is a component of the Tax Cuts and Jobs Act that requires altering the corporate income tax rate when net collections for fiscal years…
Read MoreMurphy Vowed to Make N.J. Property Taxes More Affordable
New Jersey Governor Phil Murphy recently stated he would do what is necessary to make the state’s egregiously high property taxes more affordable. The promise was made in the governor’s first major speech following his re-election. The statement comes on the heels of ever-rising property taxes that have made it difficult for some local NJ…
Read MoreAn Inside Look at how the Renewed Tax Credit is Making it Easier for Employers to Hire Workers
It is no secret that employers are having a hard time finding qualified workers. The so-called “Trump Bucks” and “Biden Bucks” provided workers with a financial lifeline during the ongoing pandemic. Some workers have simply decided it is better to accept public assistance rather than earn their keep. However, there is hope for employers seeking…
Read MoreGovernor Murphy Debuts the First Approval Through the Emerge Job Creation Program
Attention all New Jersey residents: Governor Phil Murphy recently announced the approval of the first-ever approval through the state’s Emerge Program. This NJ program created for new job incentives is a key component of the state’s Economic Recovery Act of 2020, commonly referred to with the acronym of ERA. Let’s take a quick look at…
Read MoreAre You a Small Business Owner? You Might Qualify for the Home Office Deduction
Nowadays, it seems as though just about everyone works from home. The ongoing pandemic combined with technological innovations has empowered people across the United States to work remotely. However, plenty of these WFH (work from home) participants are overlooking the home office deduction. Let’s take a look at whether you qualify for this deduction. Do…
Read MoreThe IRS Postpones Tax Filing and Payment Deadlines for Hurricane Ida Victims
Those victimized by Hurricane Ida are not alone during their time of need. The Internal Revenue Service (IRS) has benevolently postponed the tax filing deadline as well as the tax payment deadline for the victims of this storm. Ida, a Category 4 hurricane, made landfall in Louisiana then combined with another storm in the northeast,…
Read More9 Tips for Better Estate Planning
What Is Estate Planning and Why Is It Important? At any given point in your life, you are bound to think or come across estate planning. Estate planning, in a nutshell, is managing and distributing your assets in case of injury or incapacitation events or death. Your assets can manifest in stocks, cars, houses, life…
Read MoreHow To Design Benefits Program For Your Employees
It is 2021, and by now, every employee should know how important keeping employees happy is. There are several ways to go about this. For example, providing your employees with motivational rewards, bonuses, or even mere words can keep them productive through the whole week. One thing that will actually make your employees more pleased…
Read MoreHow to Improve Your Credit Score
At some point in the future, you’ll want to buy a new house in a fancy neighborhood or buy the newest model of a certain car. To do this, you’ll need to get a loan. However, if your credit history isn’t the best one out there, your chances of getting a loan will dim considerably.…
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