Generally speaking, if you take a client out to dinner, 50% of the cost of the meal is deductible. The IRS, as a means to stimulate the restaurant industry, removed the 50% limit on this deduction and replaced it with…
Generally speaking, if you take a client out to dinner, 50% of the cost of the meal is deductible. The IRS, as a means to stimulate the restaurant industry, removed the 50% limit on this deduction and replaced it with…
The State of Wisconsin sometimes allows companies to “purchase” a lower unemployment insurance tax rate. Wisconsin Pay has done the calculations on behalf of our clients and will be sending you an email if it pays for you to buy…
Thirty years ago, I was managing Christopher’s Restaurant in Coleman. My sister owned the place and we made a pretty good team if I don’t say so myself. One day at 12:30 pm approximately 50 classic cars rolled into the…
The Internal Revenue Service warned Thursday of a programming issue that’s affecting business taxpayers who need transcripts for requesting COVID-19 employment tax relief. The problem affects transcript requests for Form 941, the Employer’s Quarterly Federal Tax Return. Tax professionals have…
Payroll taxes are mandatory contributions that both employees and employers make including federal, state and local income tax, Social Security tax, Medicare tax, and federal and state unemployment tax. The percentage of payroll taxes paid by an employer is a…
Did you know that as an employer you may be eligible for the ERC (Employee Retention Credits)? These credits apply to qualified wages paid after March 12, 2020 and before December 31, 2021. Eligible employers for the purpose of ERC…
Let’s talk about referrals! It is the way that most small businesses grow their business. I tell you, you tell your friend, who tells her sister, who tells her mom and pretty soon business is booming. I usually only do…
Wikipedia says that a testimonial consists of a person’s written or spoken statement extolling the virtue of a product or service. But testimonials also demonstrate your credibility and expertise. I rely heavily on testimonials – you should to! As a…
The Fourth of July, also known as Independence Day or July 4th has been a federal holiday in the United States since 1941 – the tradition of Independence Day goes back to the American Revolution. On July 2, 1776, the…
Unfortunately, scams continue to be on the rise and there are no red flashing lights that precede a scam – but if you pay attention, there are clues that you are seeing a scam. To help recognize scams, the IRS…