Our Accounting Articles
Top 5 EBP Compliance Traps (And How to Avoid Them)
When it comes to managing employee benefit plans, even the smallest oversight can result in costly penalties, wasted resources, and damaged employee trust. Compliance isn’t just about staying on the right side of the law—it’s about showing your employees that you prioritize their financial well-being.
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Avoid Costly Mistakes: The Truth About Social Media Tax Advice
Tax season is around the corner, and your social media feed is probably already flooded with “life-changing” tax hacks promising huge refunds and loopholes the IRS supposedly doesn’t want you to know about. But here’s the truth: most of these so-called tips are wildly inaccurate, often illegal, and can land you in hot water with the IRS.
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BOI Reporting: Time to Prepare for Success
The Beneficial Ownership Information (BOI) reporting requirement has become a hot topic for business owners, and for good reason. With legal challenges and shifting deadlines, many business owners feel uncertain about the requirements.
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Gratitude, Growth, and Goals: A Holiday Message from Boris Benic CPA
As 2024 comes to a close, we want to take a moment to express our heartfelt gratitude for you—our incredible clients and partners. Your trust and collaboration have made this year not just productive, but truly rewarding. Helping you achieve your financial goals has been an honor.
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ERC Relief on the Way: IRS Pledges Faster Payouts
If you’ve been waiting for your Employee Retention Credit (ERC) payment, there’s some big news coming from the IRS. The agency has made a major push to process $10 billion in delayed ERC payments. Let’s break it down and see what this means for you.
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How to Keep Healthcare Costs from Crippling Your Business
Insurance holders are not the only ones feeling the effects of rising insurance costs. For small and medium-sized businesses (SMBs), rising healthcare costs pose a significant challenge. These ever-increasing costs are not just a financial strain—they directly affect profitability, employee recruitment and retention, and growth opportunities. However, with thoughtful planning and expert financial guidance, it’s possible to manage these rising expenses without sacrificing the health of the employees or the business.
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