Category Archives: U.S. Small Business Administration

Startups Can Choose New Option for Claiming Research Credit

The following article was published by the IRS. Eligible small business startups can now choose to apply part or all of their research credit against their payroll tax liability, instead of their income tax liability, according to the Internal Revenue … Continue reading

Posted in IRS, Planning Strategies, Self-Employed, Tax Tips, U.S. Small Business Administration | Tagged , , ,

Work Opportunity Tax Credit can Help Employers Hiring New Workers; Key Certification Requirement Applies

The following article was published by the IRS. The Internal Revenue Service today reminded employers planning to hire new workers that there’s a valuable tax credit available to those who hire long-term unemployment recipients and others certified by their state … Continue reading

Posted in IRS, Planning Strategies, Self-Employed, Tax Credits, U.S. Small Business Administration | Tagged , , ,

December 2016 Changes to Overtime Rules

The Department of Labor (DOL) has finalized a rule that, effective Dec. 1, 2016, will make significant changes to the overtime regulations in the Fair Labor Standards Act (FLSA). As you know, employees covered by the FLSA must receive overtime … Continue reading

Posted in Compliance, Government, Planning Strategies, Self-Employed, Small Business Association (SBA), U.S. Small Business Administration, Worker Classification, YouTube

New DOL Overtime Rules

Don’t forget that the Department of Labor’s new overtime rules will go into effect on Dec. 1, 2016. If you’re an employer, be sure you fully understand your obligations and expectations under these new rules, and take any steps you … Continue reading

Posted in Compliance, Government, Personal Finance, Planning Strategies, Self-Employed, Small Business Association (SBA), U.S. Small Business Administration, Worker Classification, YouTube | Tagged , , , , , ,

IRS Urges Employers to Take Advantage of Expanded Work Opportunity Tax Credit

The following article was published by the IRS. Employers Have Until Sept. 28 to Request Certification for Many New Hires With a key certification deadline fast approaching, the Internal Revenue Service recently urged employers to take advantage of a valuable tax … Continue reading

Posted in Hiring Veterans, Planning Strategies, Tax Tips, U.S. Small Business Administration, Uncategorized, Veterans | Tagged , , ,

2016 Standard Mileage Rates for Business, Medical, and Moving Announced

The following article was published by the IRS. The Internal Revenue Service has issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, … Continue reading

Posted in Personal Finance, Personal Taxes, Self-Employed, Tax Deductions, U.S. Small Business Administration | Tagged , , ,

Don’t Make These Five Online Shopping Mistakes

The following article was published by the MSCPA Online spending in the U.S. is expected to hit $370 billion by 2017, up from $262 billion in 2013, according to Forrester Research. Consumers were most likely to shop for books, stationery … Continue reading

Posted in Accounting, Lifetime Learning, Personal Finance, Planning Strategies, Tax Tips, U.S. Small Business Administration, Year End | Tagged , , , , ,