How Payroll and HR for Small Businesses Has Changed in the Last Few Decades
When many business owners and entrepreneurs get to work on their business ideas, they often don’t consider the complexities involved with HR departments and payroll. At first, it’s all about getting things off the ground. As companies grow, however, they are often overwhelmed with the regulations and tax rules involved in HR and payroll. With
Inflation is Rising — Here’s How it Affects Your Taxes for the 2022 Tax Season
The economy is on everyone’s mind. Food prices, gas prices, stock market fluctuations, consumer confidence, etc. So, inflation has been a big part of the conversation in recent months. After a year that almost flatlined the economy, the world got moving again in January of 2021. Yet, the pandemic had shifted a lot of economic
Tax Planning Strategies for All Income Earners: Schedule a Tax Planning Session Today
Don’t worry, there’s still time. Regardless of your income bracket or whether you own a business or file as a single taxpayer, a tax planning session can help you make some tax-saving decisions before the year is over. At the same time, it can get you started early on tax planning strategies that will set
The IRS Tax Audit Guide: How to Avoid Audits & What to Do if You’re Audited
Taxes are complicated. Errors happen, confusion and miscalculations are not uncommon. It’s why tax experts like R&R are available to provide tax help and guidance for more complex tax situations. So, first thing first, the IRS will never contact you by phone and demand your credit card information and threaten you if you don’t pay.
Six Ways Being a Homeowner Can Benefit You During Tax Season
If you are a homeowner or thinking about buying a home, you might want to keep these tax benefits in mind. Depending on your circumstances— income, type of home, the value of the home, etc. —owning a home will make some difference in your filing come tax season. The prospect of a down payment and
The Four Indisputable Reasons to Delegate Small Business Payroll to a Professional
You have a small business with a few employees, and payroll seems like no big deal right? As many small businesses find out as they begin to bring in revenue, payroll can take up a lot of time and be fraught with nuances that result in confusion, frustration, and headaches. Many small companies struggle with