Tue.Nov 02, 2021

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Taking Advantage of the WOTC (Work Opportunity Tax Credit)

RogerRossmeisl

Background Businesses are having difficulties hiring an adequate number of employees as the economy resets after the COVID-19 lockdowns and their aftermath. As such, small businesses are having to think outside the box as they work toward locating amenable workers. If your small business hires a “targeted group” member, you are afforded the ability to claim the lucrative federal Work Opportunity Tax Credit (WOTC) for a portion of wages paid to such an individual.

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Sales Tax and Vitamins/Dietary Supplements

TaxConnex

You won’t find too many more confusing sales tax scenarios than the one involving dietary supplements. For purposes of sales tax, sometimes supplements and vitamins are considered drugs (prescription or not), sometimes groceries or food, sometimes tangible personal property – and sometimes not. In still other instances, they’re not taxed at all. So how do you manage your sales tax liability if you are selling vitamins, dietary supplements or other items that fall into this undescriptive category

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Surviving Due Diligence, Part 3: Cap Tables

BurklandAssociates

Welcome to the third post of our Surviving Due Diligence series of tips and suggestions for startups exploring or undergoing investment rounds, exit conversations, and other transactions. Early-stage founders, particularly Read More. The post Surviving Due Diligence, Part 3: Cap Tables appeared first on Burkland.

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Which are the Most Private E-Mail Services?

RogerRossmeisl

As posted to the Naomi Brockwell YouTube Channel on 6/21/21 (Run Time: 12 min, 48 sec) In this informative video from her Privacy Series, Naomi Brockwell compares the most popular e-mail options available to help you make an informed decision as to which will work best for your personal situation. The author’s outline of the clip on YouTube is as follows: E-mail remains an essential backbone of internet communication, with over 4 billion users worldwide.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Tax Savings for Small Business Owners: Bonus Depreciation and Section 179

xendoo

When making a major purchase for your business, you are expected to spread the tax deduction out over the lifespan of that purchase, which provides small tax savings over the years. But, why wait? Business owners can take advantage of Bonus Depreciation and Section 179 to invest in their businesses, resulting in an enormous tax break! . In this blog post, we will explain how the deductions work, and how you can use them to maximize your tax savings. .

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A Guide to Traditional Costing Systems

AccountingDepartment

Pricing decisions are among the most important decisions business owners, or their financial teams, make. Cost accounting methods help business leaders make wise pricing decisions. There are two basic costing systems that help you identify all direct and indirect expenses so you can make well-informed pricing decisions: the traditional costing system and the activity-based costing system.

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CalCPA BUZZ: Time to Lead

CalCPA

The application period for the 2022-23 CalCPA Board and Council, AICPA Council and CalCPA Education Foundation trustee and officer positions is open. CalCPA. The post CalCPA BUZZ: Time to Lead appeared first on Hot Topics.

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Is This Person a Good Fit?

RitaKeller

“Everybody knows that fit matters but what most people do is hire based on other criteria and then either regret or fire based on a lack of fit, down the road.” – Bruce Tulgan. Often, when CPA firms are hiring, they place great focus on the candidate’s skill set. Did they have good grades? Have they passed the Exam? Are they familiar with the software products we use?

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Representing the Buyer vs the Seller: Tax Planning for Business Deals

CTP

Tax planners need to employ different strategies depending on whether they’re representing the buyer or the seller in the sale of a company. Buyers and sellers have competing interests when it comes to tax advantages—what is good for the buyer is often bad for the seller and vice versa. For example, a buyer will likely […]. The post Representing the Buyer vs the Seller: Tax Planning for Business Deals appeared first on certifiedtaxcoach.

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Withum’s Kurt Simmons Jr. Joins Healthcare Services Group, Inc. Board

Withum

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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How Do I Pay Myself and My Taxes as an S-Corporation?

xendoo

When businesses are born, business owners are likely not daydreaming about taxes and payroll. Yet, they still face the unique challenge of figuring out how to pay themselves, file their taxes, and maximize their tax savings. As their business grows, many business owners opt for S-Corporation Election due to the tax advantages it presents, but they must be mindful of how much they pay themselves, in order to remain compliant in the eyes of the IRS.

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Withum’s Kurt Simmons Jr. Joins Healthcare Services Group, Inc. Board

Withum

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On-Demand Webinar: Tax Reform Bill – How Will It Impact You?

Withum

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