by Breoncpa | Apr 14, 2020 | Accounting
It’s become something of a motivational speaker’s cliché to point out that the Chinese word for “crisis” is composed of two characters: one meaning “danger” and the other meaning “opportunity.” That insight is meant to inspire leaders to seize the day and take bold...
by Breoncpa | Jan 23, 2020 | Accounting
If you are a small business owner, one of your most onerous tasks is managing payroll. If you have the resources, it pays to outsource the work. But if it falls on you, it’s imperative that you comply with IRS requirements to the letter. Any fudging, any delays, and...
by Breoncpa | Jan 21, 2020 | Accounting
The first quarter of any year is loaded with tax deadlines that come fast and furious. For business owners, there are various reporting deadlines as well as dates for tax payments. If you are late, you face penalties that will seriously cut into your bottom line and...
by Breoncpa | Jan 2, 2020 | Accounting
If your small business works with independent contractors, you may be required to report the amounts you paid last year by the end of the first month of the New Year. This reporting is done by sending 1099-MISC forms to nonemployee workers and filing copies with the...
by Breoncpa | Dec 30, 2019 | Accounting
The holiday season is underway, so you’ve probably made plans for your company already. But, if you are still on the fence, here are a couple of facts to consider: Christmas is a season, not a day. Depending on how a person observes the holiday, it can last up until...
