The TCJA made changes to some of the middle income tax brackets that may negatively affect unmarried taxpayers and positively affect married taxpayers. Find out the potential impact on your rate for 2018 and 2019.
What is an operating reserve? Cash set aside for a rainy day? Is it the same as a nonprofit’s net worth? And how much is too little, or too much? Read on for some answers.
Is there an aspect to running your business that’s unduly distracting or time-consuming? Outsourcing might be the solution. We’ve got four ideas for you.
Businesses generally can determine their vehicle expense deductions either by calculating the actual expenses or using the IRS’s standard mileage rate, which has increased for 2019. Here’s what you need to know.
It is our pleasure to announce the expansion of our Kemper Technology Consulting division into the Champaign, Illinois market. YG Technologies has joined with Kemper and will relocate to our existing Champaign, Illinois office.
Does your business use independent contractors? Could the IRS reclassify them as employees and subject you to back taxes, interest and penalties? Find out what the IRS looks for and what you can do to reduce the risk of reclassification.
SIMPLE IRAs are available to businesses with 100 or fewer employees. As the name implies, these plans are simple to set up and administer. And there’s still time to set one up for 2018.
The S corporation has been one of the most popular business structures, due to its combination of liability protection and tax benefits. But that might be changing.
The availability of the cash method of accounting for tax purposes has been expanded by the TCJA. If your business is currently using the accrual method, it might be time for a change.
Special events can be huge moneymakers for nonprofits. But sometimes they can be money pits, costing much more than the funds they raise. Here are some tips for avoiding an unprofitable event.