Many businesses offer their employees help with challenges, such as: substance dependence, financial planning, legal issues, and mental health issues. Some of these options can be considered is an employee assistance program (EAP). When considering an EAP, many business owners eventually ask a common question: Will the program be subject to the Employee Retirement Income […]

Many individuals own a vacation property, and contemplate renting it out for the time period in which it is not being used. The tax treatment depends on how many days it’s rented and your level of personal use. Personal use includes vacation use by your relatives (even if you charge them market rate rent) and […]

Usually, a business will want to delay recognition of income and take expenses in the current year. It may be advantageous to your business to recognize income in the current year and delay recognition of expenses. One reason might be tax law changes that raise tax rates. Another reason may be because you expect your […]

As a business owner, you are regularly urged to “see the big picture.” In many cases, this imperative applies to a pricing adjustment or some other strategic planning idea. The big picture, however, also matters when it comes to managing the performance of your staff. Perhaps the best way to get a fully rounded perspective […]

If you have inherited certain types of property such as IRAs or other retirement plans, are you aware of the income tax implications? The “income in respect of decedent” (IRD) may create a surprising tax bill for those who inherit retirement plan money or other IRD items. Fortunately your Rudler, PSC advisor is here to […]

Does your business have a retirement plan? If not, now might be a the right time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions and Rudler is here to help you and your business select the plan that fits best. For example, if you’re self-employed and set up a SEP-IRA, […]

Although there have been some positive signs for the U.S. economy thus far in 2022, many businesses are still reeling from last year’s “Great Resignation.” So, now’s the time to confirm your business is doing the right things to drive job satisfaction and, ultimately, employee retention. This trend of a historic number of workers voluntarily […]

Despite the robust job market, there are still some people losing their jobs. If you lose your job or otherwise become unemployed, one of the first things you should do is determine how your new financial situation affects your income taxes. Depending on your situation, the tax aspects can be complex and require you to […]

In today’s economy, many small business owners sometimes look to the oldest form of commerce – the exchange of goods and services, or bartering. We want to remind small business owners that the fair market value of property or services received through barter is taxable income. Bartering is the trading of one product or service […]

Every business needs to carry various forms of business insurance. No company wants to pay the price of not holding insurance. However, this does not mean you should pay an immense cost just to protect your business. Review this list of top five steps to help reduce your insurance cost without sacrificing the quality of […]