For businesses that haven’t traditionally embraced remote employees, it may be difficult to get up to full speed with the current turn of events. To make the inevitable transition less overwhelming, we assembled a handy checklist of actions to consider while adjusting to the new workplace reality. Organization Access your staff members and/or roles that […]
Foreign Investments and the Foreign Tax Credit
To many people, foreign investments are very attractive. However, when calculating the potential dual-country tax liability, the blush fades from the rose. That’s especially true in many quasi-socialist countries, like France, the UK, and Spain, where taxes are quite high. Fortunately, the Foreign Tax Credit offers a great deal of relief. Expat or domestic taxpayers […]
How to Improve Your Cash Flow
Slow paying customers, seasonal revenue variations, an unexpected downturn in sales, higher expenses — any number of business conditions can contribute to a cash flow crunch. If you own a small business, you may find the suggestions that follow helpful in minimizing cash flow problems. Billing and collections. Your employees need to work with clear […]
Finding the Right Accountant to Successfully Guide You Through the Tax Maze
Choosing an Accountant Who Puts Your Goals First There is an endless supply of do-it-yourself tax preparation tools and websites, and the sheer volume of options can lead you to believe the process of filing your returns is simple. However, a DIY approach only works if you are satisfied with paying more than necessary. Tax […]
Advanced W-4 Tax Planning Methods
Withholding taxes are very important to the federal government. Payroll taxes account for over a third of all federal revenue. These taxes are even more important to American families. Many families do not prepay estimated taxes. Since they only pay withholding taxes, a good W-4 withholding plan is essential. Otherwise, a family could have a […]
6 Key Facts About Excise Taxes
Everyone knows about income taxes and sales taxes, but we tend to forget about excise taxes, because they’re not obvious. Click through for an introduction to this important class of taxes, and see what’s changed. Excise taxes are paid when purchases are made on specific goods or activities, such as wagering or highway usage by […]