Mon.Dec 27, 2021

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Managing Third-Party Contractor Risk

RogerRossmeisl

Companies of all sizes routinely outsource work to third-party contractors. Yet, each third-party hire comes with risk. Whether deliberate or unintentional, a third party’s actions can cost you money and harm your company’s reputation — particularly if they violate laws and regulations. Here’s how to contain possible threats. Potential problems Suppose your company employs an overseas trucking company to transport goods from a port to a customer’s warehouse.

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Get to Know Social Security Tax Inside and Out Before Writing That Paycheck

Patriot Software

Employers are responsible for withholding, remitting, and filing payroll taxes on behalf of their employees. And, there are some taxes you contribute on behalf of your employees. Social Security tax is one of those essential taxes that impacts both the employer and the employee. Keep reading to find out the answers to questions like: What […] READ MORE.

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Do You Qualify for the Student Loan Interest Deduction?

RogerRossmeisl

If you’re paying back college loans for yourself or your children, you may wonder if you can deduct the interest you pay on the loans. The answer is yes, subject to certain limits. The maximum amount of student loan interest you can deduct each year is $2,500. Unfortunately, the deduction is phased out if your adjusted gross income (AGI) exceeds certain levels, and as explained below, the levels aren’t very high.

Education 232
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A Troubling Activity

RitaKeller

“From a certain point of view our real enemy, the true troublemaker, is inside.” – Dalai Lama. I am attempting to take some time off this week so I will be posting some flashback posts. Here’s one from December 2020. It is about an activity that I hope is NOT happening in your firm. In progressive, future-focused CPA firms, the partners have committed to core values and they live them.

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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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2022 Q1 Tax Calendar: Key Deadlines for Businesses

RogerRossmeisl

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. January 17 (The usual deadline of January 15 is a Saturday) Pay the final installment of 2021 estimated tax.

Tax 227
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Merger and Acquisition Effects on Stock Options

Withum

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