The IRS issued a notice on regarding the application of the corporate alternative minimum tax to shareholders of CFCs and to affiliated groups of corporations filing consolidated returns.
Business standard mileage rate increases for 2024
The optional standard mileage rate for business use of a vehicle increased slightly from 2023. The new rate is effective Jan. 1.
5 Myths About Payroll Services That Need To Die
Starting a business isn’t easy. It takes a brave soul and a creative mind to deal with all the challenges of building your own company from the ground up. Business owners must wear multiple hats every day, from Chief Marketing Officer to Head Of Human Resources. Once businesses are thinking about hiring their first couple […]
What is the Purpose of Bookkeeping for your Company?
What is the purpose of bookkeeping, and how can good bookkeeping improve your business? When it comes to running a company, you need everything in place and to run properly in order for your business to continually function, especially anything related to your financials. Making sure that you’re gaining more money than you’re spending is […]
3 Things To Know If You Hire Freelancers
Nearly 54 million Americans are now doing freelance work, according to a 2015 study conducted by the independent research firm Edelman Berland and commissioned by Freelancers Union and Upwork. If you’re a startup or a company who operates in the digital sphere, hiring freelancers can be a great way to access quality work from a […]
How Prevent Embezzlement and Theft as a Business Owner?
Many people start businesses with stars in their eyes. They only imagine the ideal scenario in which customers love their product or services, employees are loyal and trustworthy, payroll and benefits flow smoothly, and their bank account grows continuously year after year. This isn’t a description of reality, of course, because real life is messy […]
A simple way to build team culture
As a team of seven spread across four different states, maintaining strong connections and team culture is paramount. Initially, I considered meeting each person individually for catch-up sessions in person. However, I soon realised that fostering these connections shouldn’t be limited to one-on-one interactions; it’s about all of us connecting with each other. This realisation […]
Elon Musk says his new startup xAI will debut its artificial intelligence Saturday
Elon Musk said Friday that his AI company, xAI, will debut its technology on Saturday.
Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
The beverage leaders’ stocks have struggled this year as investors worry about higher interest rates and the possible negative impact of weight loss drugs.
IRS announces relief for taxpayers affected by attacks in Israel
Qualifying individuals and businesses have until Oct. 7, 2024, to file certain federal returns, make tax payments, and perform other time-sensitive, tax-related actions, according to an IRS notice.