QuickBooks has announced the deadline to purchase new subscriptions of their desktop software, including Desktop Pro Plus, Desktop Premier Plus, Desktop Mac Plus, and Desktop Enhanced Payroll effective September 30, 2024. QuickBooks Desktop Enterprise will not be impacted by…
We work with business owners from various industries and understand the constant pressure to market and sell effectively. One of the easiest and most cost-effective options to boost your business is by leveraging your Google My Business page and collecting…
The IRS released an update on their review of the Employee Retention Credit (ERC). You may recall the IRS announced last fall a moratorium on processing claims submitted after September 14, 2023, to give the agency time to digitize information…
For our past analyses and updates on the CTA, please visit our blog. As a quick summary, the Corporate Transparency Act (CTA) requires most corporations, limited liability companies and similar entities formed or registered to do business in the…
Estimated tax payments can be a confusing aspect of managing personal or business finances, but they’re a crucial part of staying compliant with tax regulations and avoiding penalties. Here’s a concise overview to help you manage estimated tax payments effectively.
According to the South Dakota Reemployment Department, contract labor is the most misused category of workers. It can be confusing for many employers to determine if a worker is an employee or an independent contractor. In this article, I…
The kids have been out of school for almost a month now. You may have put them to work for the summer on the family farm or ranch. Sometimes kids work for free, work for cash, or maybe calf shares.
What is an AUP? An Agreed Upon Procedures (AUP) engagement is designed for a practitioner to perform specific procedures over a specified subject matter. For employee benefit plans, this would encompass us testing select transactions, processes, and procedures over…
In the world of finance, the 10-year rule on inherited IRAs has become a significant point of discussion, particularly for those planning their estates or beneficiaries inheriting retirement accounts. An inherited IRA is a retirement account that a beneficiary receives…
Do your employees receive tips? As tips are becoming more common in businesses other than just restaurants, business owners need to make sure not only is the employee doing their part in recording their tips properly, but the employer as…
