RogerRossmeisl

NOVEMBER 5, 2021

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for 2022 (up from $142,800 for 2021). Wages and self-employment income above this threshold aren’t subject to Social Security tax. Background information The Federal Insurance Contributions Act (FICA) imposes two taxes on employers, employees and self-employed workers — one for Old Age, Survivors and Disability Insurance, which is commonly known as the Social Secur

Hospitality 231

Hospitality CPA Tax business tax 231

MazumaBusinessAccounting

NOVEMBER 5, 2021

Stress, illness, and a near-death experience. That’s what propelled Maureen Wendy Dearborne to find her calling in life. From a broken engagement to missed promotions at work, Wendy felt like her life was unraveling. “I was blaming everybody and everything for every woe in my life,” she says. But Wendy’s perspective changed when her life was nearly cut short by illness. “I had a near-death experience when I was 21 years old,” she says, adding with a laugh, 

business accounting 105

business accounting Account accountant accounted 105

RogerRossmeisl

NOVEMBER 5, 2021

Earlier this year, the Corporate Transparency Act (CTA) became the latest law intended to foil financial crime. This law is part of the National Defense Authorization Act and requires certain entities to disclose the identities of those who own or control it. Anonymous no longer Perpetrators of criminal acts such as fraud, drug and human trafficking, and terrorism often use anonymous or shell companies to launder ill-gotten funds and avoid prosecution.

New York 223

New York CPA 223

CapataCPA

NOVEMBER 5, 2021

State Tax Deduction WorkaroundThis year California passed AB 150, which enacts an elective passthrough entity tax (PTET). The idea behind the PTET is to work around the $10,000 SALT deduction limit to an individual’s itemized deductions that came into effect back in 2018.Simply, qualified passthrough entities may pay tax on a consenting owner’s behalf based.

Tax 52

Tax cpa firm California CPA 52

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Account

RogerRossmeisl

NOVEMBER 5, 2021

Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener or other household employee (who isn’t an independent contractor) may make you liable for federal income and other taxes. You may also have state tax obligations. If you employ a household worker, you aren’t required to withhold federal income taxes from pay.

Tax 211

Tax income tax CPA 211

Withum

NOVEMBER 5, 2021

Tax 122

Tax 122

RitaKeller

NOVEMBER 5, 2021

“Space isn’t remote at all. It’s only an hour’s drive away if your car could go straight upwards.” – Fred Hoyle. We have been doing it for nearly twenty-one months now, trying to successfully manage a remote workforce. It looks like the challenge will lessen somewhat as many of your team members come back to the office because they actually enjoy working in the office.

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45

RogerRossmeisl

NOVEMBER 5, 2021

Employers offer 401(k) plans for many reasons, including to attract and retain talent. These plans help an employee accumulate a retirement nest egg on a tax-advantaged basis. If you’re thinking about participating in a plan at work, here are some of the features. Under a 401(k) plan, you have the option of setting aside a certain amount of your wages in a qualified retirement plan.

CPA 171

CPA Tax 171

Withum

NOVEMBER 5, 2021

Manufacturing 98

Manufacturing 98

RogerRossmeisl

NOVEMBER 5, 2021

(This is Blog Post #1117). The post Hook Investors With Your Pitch Deck appeared first on Roger Rossmeisl, CPA.

CPA 231

CPA 231

Advertiser: Paycor

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.

Withum

NOVEMBER 5, 2021

Manufacturing 98

Manufacturing 98

SingleTrackAccounting

NOVEMBER 5, 2021

We have talked a lot about niching down to level up. This includes figuring out our strengths and weaknesses. When running your own business, you will undoubtedly wear multiple hats and take on tasks that do not fall into your zone of genius. What a lot of entrepreneurs have a hard time accepting is it is OK not to do everything. In fact, by letting go of some control, you can really focus on what you do best and leave the rest to others. .

Start-ups 52

Start-ups Gaming Tax California 52

Withum

NOVEMBER 5, 2021

Manufacturing 52

Manufacturing 52