Summary: Obtaining, or in some cases changing, an Employee Identification Number is essential for sole proprietorships, corporations, partnerships, and limited liability companies. Click through to learn about the complex provisions surrounding EINs.If you have a company, you need an Employee Identification Number. There are various ways to apply for an EIN, including online at no […]
Summary: Do you need extra cash to cover bills or pay for other expenses? Used wisely, a method to tap into your home value can help. Click through to find out what a cash-out refinance is and how it can provide financial relief.A cash-out refinance is a way for homeowners with enough equity in their […]
Summary: The limit for the Retirement Savings Contributions Credit has been raised. Also known as Saver’s Credit, the increase in this tax credit is intended to help low- and moderate-income workers save more money in 2023. Click through for more details about who is eligible for the Saver’s Credit and how to apply for this […]
Summary: Are you constantly watching or dictating your employees’ every move? You’re not improving anything —quite the opposite! By micromanaging, you may be demotivating them. Click through for tips on avoiding this bad habit.According to Leadershipexcellencenow.com, “Micromanagement is a business management style where the boss or manager controls every aspect, no matter how small, of […]
One of the most important decisions you will make as part of your estate plan will be choosing an executor — the person who will carry out your final wishes. Click through for a look at the duties in order to help you choose someone who is up to the tasks.When you write a will, […]
Two adults who live together and plan to continue doing so may form a domestic partnership instead of getting married. The big question is how can they protect their joint estate? Click through for an introduction to the complex rules.There are many reasons why two people stay together but don’t marry: family, profession, religion, a […]
Is this the trend of the future: employees working only a four-day week? And what we’re really talking about is fewer hours (not longer days) — while maintaining productivity. Click through for a fresh look at this concept. It is hardly surprising that employees would prefer to work 28 hours a week instead of 40. […]
In an effort to provide transparency and enhance the overall clarity of operations, the IRS requires pass-through entities that have relevant international income, deductions, credits and other miscellaneous items to file Schedule K-2 and Schedule K-3. Click through to read more about Schedule K-2, Schedule K-3 and the importance of these business-related documents. In alignment with […]
Looking for some reminders in these uncertain times? Now more than ever, you’ll likely need advice on how to properly manage your finances in ways that benefit you in the long run. Click through for some money management tips and finance tricks for seniors.The first tip is to always question where you are planning to […]
What triggers a small-business audit? The truth is that quite a few things do, though if you’re prepared, being audited as a small business doesn’t have to become a major stressor. Click through to understand what the IRS sees as red flags, so you can try to avoid an audit — or at least be […]
