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.
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.
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.
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.
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. (more…)
“Employees are the backbone of an organization.” You’ve probably heard that phrase repeated a time or twenty. The reason you’ve heard it time and again is because it’s true! A company’s workforce is crucial to the success of that company.