Our Accounting Articles
How Boris Benic and Associates Came to Be And Three Reasons to Strike Out On Your Own
There are so many reasons why people decide to start a business. Some are destined to be entrepreneurs, hungry to put their mark on the business world.
Boris Benic is one of those people. He always wanted to open his own business, but family responsibilities prevented him from taking the leap. After all, he was happy and successful as a Senior Manager at PwC, until the day he realized he had to make a decision: either work towards a partnership at PwC or start his own business.
5 Benefits Your Employees Want
The U.S. unemployment rate is at an all-time low, which means employees can afford to be choosy when taking jobs. It also means employers must compete to recruit and retain talented employees. With that level of competition, it’s important to be sure your business is offering innovative employee benefit plans that attract quality candidates.
Accounting Challenges for Startups and Growing Businesses
Entrepreneurs branch out on their own because of a love for what they do, and a passion for their unique way of doing it. However, business owners have to wear several important hats in order to allow the start-up to grow and succeed – tasks that range from marketing to human resources, to networking, to accounting.
Volunteering for Charity: Do You Get a Tax Break?
If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions on your tax return. Unfortunately, they may not amount to as much as you think your generosity is worth.
You May Have to Pay Tax on Social Security Benefits
During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax. And when you start receiving Social Security benefits, you may be surprised to learn that some of the payments may be taxed.
If Your Kids Are Off to Day Camp, You May be Eligible for a Tax Break
Now that most schools are out for the summer, you might be sending your children to day camp. It’s often a significant expense. The good news: You might be eligible for a tax break for the cost.