Accountability Plans – Maximize your Tax Deductions, Minimize Your Audit Risks

How an Accountability Plan can assist you with Tax Deductions like the Home Office Deduction With more people working from home, you may be wondering if and how the home office deduction applies to you. What is the Home Office Deduction? The home office deduction allows qualified taxpayers to deduct...

Employers With 5 or More Employees Required to Offer Retirement Savings Program by June 30, 2022

California law requires small employers with 5 to 50 California-based employees to offer a retirement savings program or enroll as a participating employer in the CalSavers Retirement Savings Program by June 30, 2022. The requirement is based on a company’s having California-based employees, regardless of the company’s state of incorporation...

Understanding Tax Accounting and the Importance of Year-Round Maintenance

Understanding Tax Accounting Every business needs an accounting department to log and maintain accurate records of purchases, inventory, sales, shipping, and attendant expenses. Accounting allows you not only to track growth and keep expenses in check—it allows you to evaluate the status of your business from multiple viewpoints at any...

Understanding Key Performance Indicators (KPIs): What They Are And Why They Matter

Growing your business in today’s rapidly evolving marketplace can be challenging. How effectively you meet your company’s objectives can make the difference between success and failure. Key Performance Indicators (KPIs) offer a series of metrics you can use to gauge progress and performance, whether company-wide or within a specific department....