by Leif Jensen | Oct 14, 2015 | General |
The IRS has a new program that will allow them to get a jump start on businesses that miss payroll tax deposits. Using this new payroll tax initiative, the Service will notify a business by mail when its records show that the firm’s payroll tax deposits have declined....
by Leif Jensen | Oct 13, 2015 | General |
Have you ever thought of going to law school? Well just remember that law school expenses are not deductible, even for foreign-trained attorneys. A U.S. citizen in Germany took courses and got a license to practice law there. Later, he returned to the U.S. and...
by Leif Jensen | Oct 12, 2015 | General |
Apple and Samsung will shortly have more competition from China. China has cheaper smartphones coming, courtesy of manufacturers: Huawei, Xiaomi and ZTE. These companies apparently can churn out high-quality models for $300 or less. By comparison, Apple’s latest...
by Leif Jensen | Oct 7, 2015 | General |
Do you have annual employee reviews? Do you ever review your employees? In a new human resources trend, it seems that fewer companies doing annual reviews of employee performance. Already, 6% of Fortune 500 firms have ditched the process, and many more are likely to...
by Leif Jensen | Oct 6, 2015 | General |
New proposed regulations will force small businesses to ramp up their IT spending, whether they want to or not. The biggest costs will come from necessary upgrades to their systems and their hardware in a bid to secure information and keep hackers. This has worked...
by Leif Jensen | Oct 5, 2015 | General |
At a recent seminar I was exposed to a concept that terrified me greatly. There is a tax reform proposal that the GOP is working on for the 2017 fiscal year. The revocation of all S-Corp elections! Never mind that the S Corps continue to be the most prevalent type...
