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What Matters to You

What S-corps Should Consider Before Lowering Payroll in 2013
Newsobserver.com  had a column on March 8th about “New NC tax break could save small business owners thousands” shed light on a $50,000 deduction  on individual income tax returns for business owners as self employed or owners of “S”...Read More
IRS Releases 2012 Data Book; Examined 1 Percent of Individual Returns
Highlights include:  The IRS collected almost $2.5 trillion in federal revenue and processed 237 million returns, of which almost 145 million were filed electronically.   On average, the IRS spent 48 cents to collect $100...Read More
Revenue Procedure - Reporting Agent Authorization
Revenue Procedure 2012-32 provides the requirements for completing and submitting Form 8655, Reporting Agent Authorization (Authorization). Revised publications state that: Whenever Reporting Agents make FTDs or FTPs for client...Read More
Direct Deposit vs Paper Checks
Payroll can be one of the most time consuming and expensive chores of any small business. Documentation of work time, breaks, sick time, vacation time and even unpaid leave can make the process complicated. Payroll doesn't end with bookkeeping,...Read More
Best Practices For Hiring New Employees
Finding and hiring the best employees is one of the most important tasks for any business person of their staff. Poor employees who ultimately end up terminated waste inordinate amounts of company resources on their hiring, their training and...Read More
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