Discover how the Section 45E tax credit can help small businesses fund employee retirement plans with valuable tax incentives.

IRS launches second ERC Voluntary Disclosure Program to help businesses correct erroneous claims and avoid penalties.

A recent review has revealed that a substantial portion of the claims submitted show a high risk of being inappropriate. As a result...

This guide will help you understand and manage payroll taxes effectively to ensure legal compliance.

The IRS has issued several warnings urging people to carefully review the Employee Retention Credit (ERC) guidelines before trying to...

The tax code allows employers to provide employees with various tax-free fringe benefits. Not all employers will offer all, or even some...

Despite warnings from the IRS, the American Institute of CPAs, and other professional tax preparer societies, many business owners have...

It is not uncommon for employers to misclassify employees as independent contractors to avoid their withholding and tax responsibilities...

Tax law includes several tax and financially favored benefits that employers can offer or provide to their employees.

Financially, keeping the family employed rather than hiring strangers makes more sense, provided the family member is suitable for the job.

Suppose you are a business person relaxing at home after a long day’s work, watching TV, and a commercial claims you can get a tax refund...

The Work Opportunity Tax Credit is available at the federal level to businesses that hire people from a targeted group that has...

If you hire a domestic worker to provide services in or around your home, you probably have a tax liability you don't know about.

If you are an employer looking for an attractive employee benefit that lets you plan contributions around your revenues, consider a 401(K) p

With the passage of the CARES Act stimulus package early in 2020, the federal government began supplementing the normal state weekly unemplo