When employees contribute a percentage of their wages to their employer’s sponsored retirement plan, they often assume the money is transferred into their account on…
While the beginning of the month can signify a fresh start for some, small businesses and their accounting departments sometimes associate the first few days…
As a small business owner, you’ve almost certainly heard the phrase, “your financial statements say a lot about your organization.” But the truth is,…
It sounds like this would be a simple question to answer – but is it? Determining your new worker’s employment status may be trickier than…
In today’s fast-paced environment, we thrive on efficiency — of resources, time, and energy. One of the easiest ways for a growing business to streamline…
Nonprofits with unrelated trades or businesses have received desperately needed interim guidance from IRS Notice 2018-67 (the “Notice”). IRC §512(a)(6) enacted by the 2017 Tax…
Most organizations have some sort of formal plan in place to protect their electronic data, but many of those security measures neglect to address these…
The 2017 Tax Cuts and Jobs Act (TCJA) made several changes to the tax deductibility of meal and entertainment (M&E) expenses. In an effort to…
As part of a larger budget deal, new Louisiana sales tax laws were approved by lawmakers late last week. The Louisiana state-wide sales tax rate…
On December 22, 2017, the Tax Cuts and Jobs Act of 2017 1 (the Tax Act or TCJA) was enacted. With a goal of simplifying…