The COVID-19 pandemic hit suddenly and companies were forced to react quickly. Understandably, you may not have fully documented all the changes you have made. But we at Rudler suggest that you should. One of the ideal places to do so is in your employee handbook. Now that optimism is rising for a return to […]

The number of people engaged in the “gig” or sharing economy has been growing, according to several reports. There are tax consequences for the people who perform these jobs, which include providing car rides, delivering food, walking dogs and providing other services. Bottom line: If you receive income from freelancing or from one of the […]

Many businesses use independent contractors. If you are among them, make sure that these workers are properly classified for federal tax purposes. If the IRS were to reclassify them as employees, the change in classification could be expensive. Determining whether a worker is an independent contractor or an employee for federal income and employment tax […]

The Small Business Administration (SBA) has launched the Restaurant Revitalization Fund (RRF). It was established under the American Rescue Plan Act (ARPA) signed into law in March and went live for applications on May 3rd. The SBA is strongly urging interested, eligible businesses to apply as soon as possible. Who’s eligible? Funds are available for […]

For the second year in a row, the IRS has extended the filing date for federal taxes due to the COVID-19 pandemic. This year, the deadline for filing 2020 individual tax returns is Monday, May 17, 2021. If you still aren’t ready to file your return, you should request a tax-filing extension. Anyone can request […]

An employee can receive, on a tax-free basis, up to $5,250 each year from his or her employer for educational assistance under a “qualified educational assistance program.”   For this purpose, “education” means any form of instruction or training that improves or develops an individual’s capabilities. It doesn’t matter if it’s job-related or part of […]

In order to reduce absenteeism and control benefit cost many businesses have established or are considering employee wellness programs.  Yet there’s a wide variety of ways to design and operate a wellness program. How can you ensure yours fulfills objectives such as reducing absenteeism and controlling benefits costs? Build it on a solid foundation. Employee […]

Here is why you don’t want to miss it. To avoid paying penalties and interest you must pay your taxes by May 17, 2020. It’s important to file and pay your tax return on time to avoid penalties imposed by the IRS. Here are the basic rules. Failure to pay Separate penalties apply for failing […]

Alternative energy technologies can help reduce energy cost for your business and you could be eligible for a significant federal income tax benefit. The business energy credit is a federal income tax benefit for business that implement alternative energy equipment or products over the next few years. The credit is intended primarily for business users […]

With the COVID-19 pandemic forcing many employees to work remotely, engaging in competitive intelligence has never been easier. The internet and social media have created a great way to determine what your competitors are up to when trying to make their businesses better. All that needs to be done are your part is some research […]