If you run your business out of a main location, like a storefront, clinic, or rented office, but also do some of your business from home, you might be missing out on a great tax strategy. If you set up a home office correctly, you can make your home your main place of business. This…
Fringe benefits can help you hire, retain, and motivate your team without blowing up payroll. One of the most overlooked but highly valuable tools is the Accountable Plan. This IRS-approved reimbursement method allows employees (including owner-employees) to be paid back for legitimate business expenses without those payments being treated as taxable wages. Done right, it…