If you are operating your business as a partnership, you should have a written partnership agreement. This is true for family partnerships as well. The need for a partnership agreement can be summed up in two words: things change. You and your partner/s may agree...
Navigating payroll obligations is crucial for employers to comply with IRS regulations. Here’s a comprehensive guide on essential tips provided by the IRS to ensure smooth payroll management. Understanding Payroll Tax Deposits: Employers must understand the...
The IRS wants to educate new small business owners about their federal tax responsibilities. “Understanding and meeting their tax filing requirements is one of the biggest challenges faced by people starting out in business,” says the head of the IRS Small Business...
The U.S. Supreme Court will soon issue its ruling on the health care legislation — the “Patient Protection and Affordable Care Act” — passed in 2010. Over half the individual states have challenged the constitutionality of the law that requires individuals to obtain...
Spring and summer — the wedding season is upon us. Before walking down the aisle, take a minute to consider a serious matter. Couples often enter into marriage without ever having had a discussion about financial issues. As a result, they find themselves frequently...
