While we’re still in the speculation stage as to what the final tax reform bill will look like, the various proposals put forth by President Trump and the House indicate that tax relief for small businesses could well be on its way. Continue reading
Recently, the Trump administration announced a one-page tax plan that, if enacted, could have major ramifications for the U.S. economy. At this point it’s not certain if this plan will even be brought before Congress by year-end. While short on details, this article from Kiplinger highlights some of the major provisions. Continue reading.
With the end of the year quickly approaching, now is the time to make any last-minute moves that can improve your tax position. Additionally, if President-elect Donald Trump follows through on his promise to significantly reduce tax rates for both individuals and businesses, there are some tax-shifting strategies you may want to consider. Continue reading
The U.S. Citizenship and Immigration Services (USCIS) has published a revised version of Form I-9, Employment Eligibility Verification. By January 22, 2017, employers must use only this new version. The enclosed article details some of the changes and enhancements to the Form I-9 and also provides a link to a printable PDF version of this new form. Continue reading.
In a June 2016 article we notified our readers that new overtime and worker classification changes to the Fair Labor Standards Act (FLSA) were issued by the Department of Labor. These new rules, which would have impacted millions of U.S. workers and their employees, were to go in to effect on December 1, 2016.
There are about 29 million small businesses in the United States. Launching and sustaining a successful new venture can be daunting, but there are ways to avoid common challenges that many startups face. This article highlights smart ways to avoid common mistakes made by new business owners. Continue reading.