Expense Reimbursement

As the owner of a business, you are aware of the never ending expenses of conducting business. What happens if you or an employee must absorb some of the business expenses? Accountable Plan vs. Non-Accountable Plan An accountable plan is one for which an employee is...

Are you an employee of your own company?

Do you own your own business? Are you on payroll? Should you be? Usually the answer is simple. Payroll vs No Payroll: Sole Proprietor: As a sole proprietor payroll for you, as the business owner, is not on the table, as all monies flow to the personal tax return....

2016 Filing Deadlines

We are excited to announce the IRS began accepting electronically filed tax returns Tuesday, January 19th. Something many people may not be aware of: All individual tax payers are getting an extra three days to file their tax returns this year. The filing deadline is,...

Seven MUST-DO Administrative Business Tasks

Any small business owner will tell you that sometimes running the business can get in the way of growing the business. However, there are a few administrative tasks you should put high on your list of priorities. Performing them will leave you a better sense of...