For more information on donations, check out some of our additional blog posts, listed below:
Translations from Your Trusted Advisor.
Today is Giving Tuesday, the day that typically kicks off the charitable giving season. The IRS is able to help you verify that you are donating to qualified organizations, see their recent tax tip to learn more.
For more information on donations, check out some of our additional blog posts, listed below:
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Karyn Richardson, CPA •
Determining what to classify an individual who provides services to your business is sometimes a slippery slope. Business owners often prefer to have as many independent contractors as possible – no payroll taxes or benefits to pay, and no employment and labor laws to follow. Individuals may want to be considered an employee to have access to benefits and legal protection. Per the IRS, the general rule is “that an individual is an independent contractor if the payer has the right to control or direct only the result of the work, not what will be done and how it will be done”. Sounds clear and concise, but what does control really mean? Dana Bull, CPA •
Age 62. The magic age at which you become eligible to start receiving social security benefits. But should you? There are many complexities when it comes to Social Security and understanding the rules for collecting Social Security can help you take advantage of the retirement benefits to which you are entitled. I will outline some of the considerations for when to begin receiving Social Security benefits. |
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